Michael Albert

Who is Michael Albert?

Michael Albert is an American activist, economist, speaker, and writer.

During the 1960s, he was a member of Students for a Democratic Society, and was active in the anti-Vietnam War movement. He is co-editor of ZNet, and co-editor and co-founder of Z Magazine. He also co-founded South End Press and has written numerous books and articles.

Albert identifies himself as a market abolitionist and favors participatory planning as an alternative. He developed, with Robin Hahnel, the economic vision called participatory economics. Albert has also been a moving force in the creation of the International Organization for a Participatory Society founded in 2012. He has a Ph.D. in economics from the University of Massachusetts and an undergraduate degree in physics from the Massachusetts Institute of Technology.

Albert's memoir, Remembering Tomorrow: From SDS to Life After Capitalism, was published in 2007 by Seven Stories Press.

Parecomic: the story of Michael Albert and Participatory Economics Seven Stories Press is a graphic novel account of Albert's life and the Parecon ideas, by Sean Michael Wilson and Carl Thompson,with an introduction by Noam Chomsky. In the afterword, before describing Parecon, Albert writes of present-day capitalism: "At this point of the twenty-first century, only a relatively few people...fail to see that capitalism is now a gigantic holocaust of injustice."