Participatory Budgeting Lets New Yorkers Experiment With Economic Democracy | AlterNet

For many American cities, the budget process is basically fiscal hell, and the politics of plugging potholes and funding schools akin to legislative purgatory. But a tiny miracle just arrived in New York City. Communities are experimenting with Participatory Budgeting, a system for giving local people a say in planning their budget priorities. While it’s no magic bullet, the program marks a small step toward economic democracy in Gotham. Continue reading…

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Filed under Democratic economy, Direct and participatory democracy

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