Adapted with permission by: Kevan Aguilar
Parecon (Participatory Economics)
To explain the faults of capitalism while showing the benefits of Parecon.
Power Point Slide
A. Attention Getter:
In 1905, the Industrial Workers of the World, a world-wide labor
union more commonly known by the acronym, the IWW, stated in the first words of their
Preamble, which can be found in the 2006 book of Fred Thompson,
IWW; Its First 100
, that “The working class and the employing class have nothing in common.”
Finally, over one hundred years after this statement was made, there is an economic
philosophy available that could change such division.
Today, I will discuss with you the benefits of Parecon, which is an acronym
for Participatory Economics in hopes of convincing you to adopt this philosophy.
C. Identification of Opposition:
Though a great deal of people in this room and in our
society may argue that are society’s economic structure is sound from error, I will
present an alternate view of these assumptions.
D. Preview Statement:
To best understand Participatory Economics as a solution to
our current problems, I shall first explain the faults of modern economic philosophies,
such as capitalism, socialism, and communism.
Secondly, explain the possible causes
on why these economic policies are insufficient and third, explain how Parecon would
solve these problems with valid solutions.
First, I will discuss the faults of modern politic economic philosophies that exist
A. Main Point: The Problem.
The problem begins with capitalism
1. Sub-point: The 20
century economist, John Maynard Keynes, was quoted in
James Alexander Campbell Brown’s book,
The Social Psychology of Industry
saying that, “Capitalism is the astounding belief that the most wickedest of men
will do the wickedest of things for the greatest good of everyone.” Capitalism is