Individual Differences and the Potential Tradeoffs Between the Values of a Participatory Economy

Costas Panayotakis
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Costas Panayotakis: Department of Social Science, New York City College of Technology (CUNY), 300 Jay Street, Brooklyn, NY 11201, USA, cpanayotakis@citytech.cuny.edu

Review of Radical Political Economics, 2009, vol. 41, issue 1, 23-42

Abstract: This paper argues that a closer attention to the variability of such subjective characteristics as preferences, life philosophies and attitudes towards work, individual talents, and levels of intelligence raises a number of issues of relevance to the literature on participatory economics (and, to a lesser extent, to that on market socialism). In particular, it is argued that a thoroughgoing integration of such subjective characteristics into the literature on participatory economics reveals a number of previously unrecognized tradeoffs between the values that a participatory economy would seek to promote.

Keywords: Marx; market socialism; participatory economics; exploitation; values (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:41:y:2009:i:1:p:23-42

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