The federalism term is a good term, but it's just below the surface; it's just about to come up into wider public understanding that these practices are happening and are politically viable.

The top 400 people own more wealth now than the bottom 185 million Americans taken together. That is a medieval structure.

Parecon is a very tough-minded economic vision and model, and it sets a standard for us to look at.

Internationally, there are countries going well beyond the course, with airlines, transportation. There are systems around the world that have explored mining, rail transport, television, communication, Internet service - there very common examples around the world that we can draw examples from.

We've been following many forms of democratized ownership, starting with co-ops, land banks at the neighborhood level, municipal ownership and state ownership of banks - there's a whole series of these that attempt to fill the small-scale infrastructure that can build up to a larger theoretical vision.

For 40 years, my argument has been that democratizing ownership of wealth has been the key to egalitarian society and the goals of egalitarian society. But you start at the local level, both at the workplace, community and other institutions and you reconstruct the egalitarian democratized structure as well as participatory structure. And as this happens, we learn more how to move toward the vision that is much larger than just the community level.

There has been a change in consciousness that makes this one of the most interesting periods of American history, maybe the most interesting. There's a loss of belief in the corporate system; there's a recognition that something is fundamentally wrong, So there's an opening to a whole different vision of where to go forward. I think that's where we are in the question, so let's not blow it; let's see what we can develop over time.