David Schweickart

David Schweickart (born 1942) is an American mathematician and philosopher.

He holds a BS in Mathematics from the University of Dayton, a PhD in Mathematics from the University of Virginia, and a PhD in Philosophy from Ohio State University.

He currently is Professor of Philosophy at Loyola University Chicago.

He was a visiting professor of mathematics at the University of Kentucky from 1969 to 1970, and a visiting professor of philosophy at the University of New Hampshire from 1986 to 1987.

He has also lectured in Spain, Cuba, El Salvador, Italy, the Czech Republic, and throughout the United States.

He has taught at Loyola since 1975.

In 1999, Schweickart was named Faculty Member of the Year at Loyola University Chicago.

He is an editor and contributing writer to SolidarityEconomy.net, an online journal dedicated to 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."

It embodies several key ideas:

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.

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.