Comparing Capitalism & ParEcon Regarding Innovations
How are innovations pursued, decided on, and implemented? Is there sufficient incentive to undertake innovations, are the right innovations enacted, and so on. This page compares Capitalist and Parecon implications for Economic Innovations.
Crossbow sketch
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“Baile En Tehauntepac”
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Introducing Capitalist
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Introducing ParEcon
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Evaluating Capitalist Regarding InnovationsIn a parecon, innovation is undertaken by workers whose job is to explore options and discover new ways of operating, producing, arranging, etc. They propose projects which the participatory planning system (instead of venture capitalists and banks) accept or reject as part of the economy’s annually operations. The guiding criteria of innovations are, as in general, to meet needs and develop potentials consistent with enlarging solidarity, diversity, equity, and self management. The amount of attention given to innovating is determined, like everything else, by popular choice and individual inclination. Innovation is conceived and carried out by workers organized in balanced job complexes as is all production. So in a parecon there is more or less innovation in accord with more or less desire to innovate and more or less success in proposing worthy innovations. Predictably there will be a steady stream of innovations to improve society’s average job complex, which benefits everyone, and to increase output per outlay of human energy, which also benefits everyone, as well as to expand knowledge and culture, to meet needs, develop potentials, etc. |
Evaluating ParEcon Regarding InnovationsIf one wants innovations that are oriented in the first place to meet human needs and develop human potentials, and if one wants them carried out in a manner consistent with justice and equity, and if one wants them to implement the will of populations with each member having appropriate input — then parecon innovation is quite impressive for its focus and scale.
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Hi Michael
In case you are not aware the above entry under “Evaluating Capitalist Regarding Innovations” is the same as “Introducing Parecon Regarding Innovations”.