He is an editor and contributing writer to SolidarityEconomy.net, an online journal dedicated to economic democracy.
Economic democracy
In After Capitalism and other works, Schweickart has developed the model of market socialism he refers to as "economic democracy". In his own words, "Economic Democracy is a market economy."[2] It embodies several key ideas:
Protectionism to enforce trade equality between nations
The firms and factories are owned by society and managed by the workers. These enterprises, so managed, compete in markets to sell their goods. Profit is shared by the workers. Each enterprise is taxed for the capital they employ, and that tax is distributed to public banks, who fund expansion of existing and new industry.
Critiques
In 2006, Schweickart wrote a detailed critique of participatory economics, called Nonsense on Stilts: Michael Albert's Parecon. He claimed three fundamental features of the economic system are flawed.[3]
SolidarityEconomy.net—An online journal of radical social change that features David Schweickart's works and other writings on economic democracy and leftist politics.