Category Archives: Economy

PROUT and Capitalism

By P.R. Sarkar

Extracts from Problems of Day

Supreme Consciousness (Parama Puruśa) is my Father, Supreme Operative Principle (the force of creation, Paramá Prakrti) is my Mother, and the threefold universe (pysical, psychic and spiritual) is my homeland. We are all citizens of this universe. The universe is the thought projection of the Macrocosmic Mind, and it is in the …

Principles of Balanced Economy

P.R. Sarkar
There are three main reasons why cities and states in the past lost economic balance and declined after achieving the height of prosperity. First, if the city or state developed following the course of a river system and the river suddenly changed direction or dried up, its economy was adversely affected. Secondly, if industries moved away from rural …

A Living Wage — For All of Us

Roar Bjonnes
Do you know why there’s so many arguments about raising the minimum wage? Do you know why there’s so much ink wasted on instituting a living wage? Because nobody has the guts to call a dollar a dollar and take the time to discuss the real cause of disparity in our land of gluttonous plenty.

As you know, …

Trade and Commerce

(PROUT Globe) – PROUT aims at developing any potential in a balanced, progressive way. While providing for the needs of all, it always looks towards the maximum development and enhancement of local human and natural resources. In the area of trade this means that wherever the potential to produce exists it must prevail over easy import, especially in the area …

FAQ: Economy

What is the heart of decentralized economy?
The welfare of local people is the essence of PROUT’s concept of decentralized economy. In a decentralized economic setup local people should not only control cooperative bodies, but also supervise all activities related to the local economy. It is a bottom-up system as opposed to the centralized approach to capitalist in their system …

Decentralized Economy 2

P.R. Sarkar
At the beginning of civilization, the desire to create arts and crafts arose in the human mind. At that time artisans used to work at home, and arts and crafts were produced in cottage industries. Men, women, boys and girls – all participated in the creation of arts and crafts. Later people realized that some arts and crafts …

Decentralized Economy 1

P.R. Sarkar
The most important economic issue before the leaders of all the countries in the world today is how to increase the standard of living of their citizens through the economic prosperity of the state. This is a burning question, especially in those countries which are economically backward. The matter is not very simple because in many countries people …

Some Specialities of PROUT’s Economic System

P.R. Sarkar
There are several specialities of PROUT’s economic system. These include guaranteed minimum requirements, increasing purchasing capacity, cooperatives, industrial development, decentralization and developmental planning. PROUT also has its specialities in trade and commerce.*

Guaranteed Minimum Requirements

PROUT’s economic system guarantees the minimum requirements of life – that is, food, clothing, accommodation, medical treatment and education – to each …