The participatory economics project (parecon) is Michael Albert and Robin Hahnel's vision for radically democratic workplaces and communities. This thesis examines the daily practices and ideology of the Vancouver Parecon Collective (VPC), one organization working to promote parecon as a viable socialist alternative. Arising from criticism of both the contradictions of the capitalist marketplace and the disparate power relationships within "communist" command economies, parecon is a powerful alternative to capitalist triumphalism. This thesis examines the efficacy of parecon as a prefigurative socialist vision and argues that parecon groups typified by the VPC need to combine Gramscian counter-hegemony and Richard Day's non-hegemonic approach to move from idealism and small-scale alternatives to large-scale and deeply transformative political economic change.