Participatory economics

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.

At a glance

Class

Notion

Domain

Science and technology

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What Wikipedia says

Participatory economics, often abbreviated parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact on a person or group of people.

Excerpt from the Wikipedia article “Participatory economics”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Thomas Good, CC BY-SA 4.0, via Wikimedia Commons.