Monday, September 22, 2014
In the United States, and throughout the more advanced countries of the West, the numbers for youth unemployment are approaching “third world” levels. Public education is being slashed across the country, as state governments reckon with massive deficits, transferred from the private sector through immense bailouts of the banks. 1.5 million children in the U.S. are homeless. To put it bluntly, the future for young people in America is bleak. In these conditions, millions of youth are beginning to question whether capitalism has anything to offer. There is a lot of interest in the ideas of people like Noam Chomsky and Michael Albert. But what do these ideas, particularly Albert's "Parecon," actually offer in the way of a theoretical guide to action?