All posts by Prabhakar

Pod 2: Economic Democracy

Welcome to episode 2 of Prout Consciousness and its discussion on economic democracy. What is the main difference between political and economic democracy? To most people, the right to vote is what is democracy. This universal franchise is the holy cow of political democracy. In addition, the right to express one’s political views and even to join …

People Want Economic Democracy

By Prabhakar T. Overland

A certain socioeconomic issue seems to be staring the world’s legislators and policymakers in their face: How can a minimum of wealth be distributed to allow people to stay calm so that the economy remains intact? A bit like the Corona virus conundrum then: How many vaccinated people does it take for the pressure on hospitals …

All Samajas of the World

Socio-economic units should be formed throughout the world on the basis of same economic problems, uniform economic potentialities, ethnic similarities, common sentimental legacy and similar geographical features. … Socio-economic units will have to adopt economic decentralization so that the local people will be able to obtain all the requirements necessary for their physical, psychic and spiritual progress.

– Shrii Prabhat

Cooperative vs. Private Sector

Prout recognises that private sector economy has had an enormous appeal to industrious people, providing for significant industrial-economic output under capitalism. A typical idea is that the collective would hold back or drain efficient and creative dynamics, which are among the hallmarks of many successful entrepreneurs.
Still, Prout's three-tiered economic system views the cooperative sector as the largest and central,

Jeff Bezos’ $194 Billion – Based on the Ashes of Millions of Good Paying US Jobs and 100,000s of US Manufacturing Units, Enriching US Frankenstein China

By Dr. Susmit Kumar

In 1994 Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington. The company initially was an online marketplace for books. Gradually it now sells nearly everything. Due to record Amazon profits and its share price, Jeff Bezos was nearly worth $194 billion in early 2024. He has been also credited for creating 100,000s …