Category Archives: Economy

Beyond Collectivism and Individualism: Structural Features of the Prout Economy

PROUT Globe Resources
There are several distinguishing structural features of PROUT’s economic system. A brief description of these follows.

1) Socio-economic units. Regional, self-sufficient socio-economic units should be formed on the basis of common cultural, geographic, social and economic factors. These socio-economic units may be affiliated in a federated system, but they should possess sufficient self-determination in their social and …

Gold and Motivation

(November 2010) – World Bank President Robert Zoellick has said Gold is now the “yellow elephant in the room” that needs to be acknowledged by policy-makers of major economies and central banks as discussions of a new international monetary system move forward. His recent comments on the need to reintegrate gold into the core of the global financial system have …

Quadri-dimensional Economy

P.R. Sarkar
A developed economy should consist of four parts – people’s economy, psycho-economy, commercial economy and general economy. This quadri-dimension of the economy is a vast expansion on the contemporary and co-contemporary conceptions of economic activity. Most economists today understand only a little of the principles of general economy and something of commercial economy, but both of these parts …

Distributions of Wealth and People’s Economy

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 …

Decentralized Economy Based on the Cooperative System

Ac. Tadbhavananda Avt.
The biggest problem the undeveloped and developing countries face is how to eradicate the poverty and starvation of their people. The developed countries have to some extent succeeded in providing the minimum guarantees of life by providing a measure of purchasing capacity. But still most people even there are facing chronic social insecurity. The cause behind the …

PROUT’s Decentralized Economy

Economic decentralization is at the heart of PROUT’s economic democracy. Centralized economies – democratic or undemocratic – have all failed to guarantee ever-increasing purchasing capacity, or to eradicate exploitation and want. In both capitalism and communism there is economic centralization. Capitalism centralizes economic control in the hands of a few big capitalists, while communism centralized control in the hands of …

The PROUT Companion: Economic Aspects

Q. What are the basic principles of the PROUT economy?

The minimum essentials of life must be provided to each individual according to the standards of the time, by providing a minimum of purchasing power through employment. The surplus after meeting the minimum necessities will have to be distributed among those of special merit according to the degree of merit.…