“What is the alternative to capitalist globalization?” is a question challenging activists around the world. Michael Albert has wrestled with this question for many years, and his answer has captured the imagination of many. Participatory Economics–“Parecon” for short–is Albert’s proposal for an economic system which offers a real alternative to capitalism, built on familiar values including solidarity, equity, diversity. In this ambitious new book, Albert goes further. Realizing Hope offers a vision of how whole areas of life might be transformed in a post-capitalist society, one where communities rather than profits are placed firmly at the center.