How would an economic system based on libertarian socialist principles actually work in practice? What kind of information would need to be recorded in order to enable democratic participation, efficient decision-making and equitable outcomes?

Using the economic model Participatory Economics as a framework, this book proposes a set of accounting principles for an economy comprised of common ownership of productive resources, federations of worker and consumer councils, and democratic planning.

Participatory Economics

Participatory Economics is a model for a new economy based on democracy, justice and ecological sustainability proposed as an alternative to our current economic system. It entails social ownership of productive property, self-managed workplaces and neighbourhood councils.

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About the Author

Anders Sandström is a trained accountant with a degree from Uppsala University. He is a co-founder of Parecon Sverige, a Participatory Economics advocacy group in Sweden.


if you have questions or feedback about the book you can contact me. I’m also availabe for talks.