Prognosis for 2030: The richest 1% will control two-thirds of world’s wealth. – UK House of Commons library figures 2024: Half of the world’s net wealth belongs to the top 1%, top 10% hold 85%, while the bottom 90% hold the remaining 15%. – Wikipedia 2023: Richest 1% bag nearly twice as …
If the capital is concentrated in the hands of a few individuals or state, the majority of people are exploited by a handful of people. As a result of this process of severe exploitation, a serious explosion takes place. This explosion is known as a depression in the economic world. The concentration of wealth and particularly the concentration in the …
The vast majority of alternative economic thinkers seem to think there is something seriously wrong with the way wealth is distributed today. They say prosperity should not be reserved for a few, it should be the property of many – the world’s riches should be more evenly distributed. PROUT does not agree with these “wealth distributors”:
The global trend of wealth concentration does not bode well for global capitalism. A main precursor of its armageddon is that the money accumulated by capitalists stops circulating and remains inert or unutilized. The huge hoarders think that if “their” money are allowed to roll freely then their profits will decrease, even though it will bring relief to the common …
(PROUT Globe, 2011) – The ten most valuable brands in the world last year were American (see table). Of the world’s 100 most valuable brands more than a third were United States-based. [1]
Why is the country’s economy faring so badly then, threatening to throw the entire global economy into a total collapse?
Dieter Dambiec
The question of wealth distribution requires a fundamental look at what forms a holistic economy. Sarkar states that a developed economy should consist of four parts: people’s economy, psycho-economy, commercial economy and general economy. It is the people’s economy that offers economic liberation and security for all. Its scope, implementation and invigoration of economic and human rights needs …
Acharya Santosananda Avadhuta
Prout Bloc of India (PBI)
From prehistoric times human beings have been strongly motivated by an irresistible urge to lead a happy and peaceful life. This expressed itself in the evolution of science and technology. While human beings have been active on the physical plane to become more happy and prosperous they have also been active on …
By P.R. Sarkar
(13 September, 1987) – Each and every movement in this universe is systaltic. Nothing ever moves in a straight line. Due to this systaltic motion, internal clash and cohesion takes place. The ups and downs of socio-economic life in different phases of the social order are sure to take place due to this systaltic principle. When the …
Photo: From a 2014 PBI rally in Bhuvaneshwar, Odisha, India.
By Acharya Santosananda Avadhuta
From prehistoric times human beings have been strongly motivated by the urge to lead a happy and peaceful life. This irresistible urge expressed itself in the form of the origin and evolution of science and technology. While human beings have been active on the material …
Since the 1960s, the semiconductor industry has been a driver of global economic growth and social change. All countries involved want a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost …