Introduction
Michael Albert (born April 8, 1947) is an American activist, economist, speaker, and writer.
Biography
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.
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. Doug Brown, writing in the Journal of Economic Issues said their alternative to markets was novel, but mainly of academic interest.
Albert was a founding member of the International Organization for a Participatory Society, in 2012.
Work
He is founder of Z Net and Z Magazine. He co-founded South End Press.
Beliefs
Albert identifies himself as a market abolitionist and believes they should be replaced with participatory economics.