'What do you want?' is a constant query put to economic and globalization activists decrying current poverty, alienation, and degradation. In this highly praised new work, destined to attract worldwide attention and support, Michael Albert provides an answer: participatory economics, 'parecon' for short ? a new economy, an alternative to capitalism, built on familiar values including solidarity, equity, diversity, and people democratically controlling their own lives, but utilizing original institutions fully described and defended in this book.