A Prout Globe survey
As is well known, Prout places limits on the individual accumulation of physical wealth. It leaves it to the collective to decide on those limits. The private sector is distinctly regulated under Prout. We should note that such private sector limitations do not refer to psychic and spiritual types of wealth but to physical, material wealth …
By Prabhakar
A few years ago, American investor Warren Buffett famously stated that he paid a lower tax rate than his secretary, thanks to the many loopholes and deductions that benefit the wealthy. So, is the present cry for taxing the rich at all rational?
The political conclusion on taxation is that a tax system always operates within an economic …
Dr. Susmit Kumar, Ph.D.
susmitkumar.net
As discussed in this article, the Modi administration needs to stop the shareholder first policy, the prime accused in the impending collapse of the US economy, to save the Indian economy from disaster. As discussed in my several papers, the US economy is surviving for the last three decades mainly by printing its currency, which …
By Dr. Susmit Kumar (IAS)
As per a Niti Aayog proposal, 50 specialists from the Indian private sector are to be inducted in government departments at the level of director and joint secretary (Government to open lateral entry door for private sector specialists, The Economics Times/PTI, July 23, 2017).
This will be a disaster for India because the ultimate …
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 …
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 …
The above graph indicates the extreme wage gap in the USA, 2008. In the five years since, the gap has only increased. According to PROUT, the crisis of wealth concentration is the main cause of financial crises and severe economic downturns. Click for larger image.
(PROUT Globe, April 2015) – An overview presented by Realities Watch indicates that the USA …
By Susmit Kumar, Ph.D.
Due to the rise in investments in commodity markets, the global prices of commodities such as gas, corn, wheat, rice, and potatoes are going through the roof. These prices are not determined by demand and supply but by investors, who in almost all cases do not take physical possession of these commodities, except maybe precious metals, …
By Prabhakar Overland
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”:
“PROUT …
By Prabhakar Overland
PROUT identifies the centralization of wealth as a main cause of the ongoing global economic recession. A recent study[1] indicates that the accumulation of wealth leads to inhuman behavior. Even the mere thought of getting richer makes people less empathic and more selfish.
Given that poverty offers fewer resources, greater exposure to insecurity, and a reduced sense …
