Michael Albert

This article is about the economist. For the computer scientist, see Michael H. Albert. For the artist, see Michael Albert (artist).
Michael Albert

Michael Albert speaking at New York's annual Left Forum, 2007.
Born (1947-04-08) April 8, 1947
Occupation Writer
Nationality American
  • Politics
  • Economics
Notable works Moving Forward: Program for a Participatory Economy

Michael Albert (born April 8, 1947) is an American activist, economist, speaker, and writer.


In 1965, Albert was a student at MIT. He became a member of Students for a Democratic Society and opposed the Vietnam War. He was expelled from MIT, in January 1970, for disruptive behaviour.[1][2]

In 1991, Albert co-authored, with Robin Hahnel, The Political Economy of Participatory Economics. This outlined their ideas for participatory economics and included an economic model of the system.[3][4] Doug Brown, writing in the Journal of Economic Issues said their alternative to markets was novel, but mainly of academic interest.[4]

Albert helped create the International Organization for a Participatory Society founded in 2012.


He is founder of Z Net and Z Magazine.[5] He co-founded South End Press.[1]


Albert identifies himself as a market abolitionist and believes they should be replaced with participatory economics.[6][7]



About Albert

See also


  1. 1 2 "From SDS to Life After Capitalism: Z Mag Founder Michael Albert on Activism, "Parecon" and a Model for a Participatory Society". Democracy Now. April 17, 2007. Retrieved June 3, 2015.
  2. Fishman, Mitchell S. (January 16, 1970). "SDS Seizes M.I.T. Offices With Ram". The Harvard Crimson. Retrieved June 3, 2015.
  3. 1 2 Albert, Michael; Hahnel, Robin (1991). The Political Economy of Participatory Economics. Princeton University Press. ISBN 978-0-691-00384-9. Retrieved June 7, 2015.
  4. 1 2 Brown, Doug (March 1992). "Reviewed Work: The Political Economy of Participatory Economics". Journal of Economic Issues. 26 (1): 294–297. Retrieved 7 June 2015.
  5. Pilger, John (June 28, 2004). "John Pilger offers a reading list to counter Reagan". New Statesman. Retrieved June 2, 2015.
  6. Market Madness. Z-Mag, July 13, 2004.
  7. Albert, Michael. There Is An Alternative. ZNet, July 27, 2005.
  8. Albert, Michael (2004). Parecon: Life After Capitalism. Verso. ISBN 978-1-84467-505-0. Retrieved June 7, 2015.
  9. Albert, Michael (2007). Remembering Tomorrow: From SDS to Life after Capitalism: A Memoir. Seven Stories Press. ISBN 978-1-58322-742-8. Retrieved June 3, 2015.
  10. Wilson, Sean Michael; Thompson, Carl (2013). Parecomic: Michael Albert and the Story of Participatory Economics. Seven Stories Press. ISBN 978-1-60980-456-5. Retrieved June 3, 2015.

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