Economic democracy

Economic Democracy, P.R. Sarkar
People will have to opt for either political democracy or economic democracy. That is, they will have to choose a socio-economic system based on either a centralized economy or a decentralized economy.

Requirements for Economic Democracy, P.R. Sarkar
The minimum requirements of life and increasing purchasing power must be guaranteed to all, the power to make all economic decisions must be placed in the hands of the local people, and outsiders must be strictly prevented from interfering in the local economy — all this for the universal well being of all, including plants and animals.

Decentralized Economy (2 parts), P.R. Sarkar
PROUT’s decentralized economy will bring about economic prosperity as well as ensure greater opportunities for the psycho-spiritual elevation of all members of society.

PROUT’s Decentralized Economy, PROUT Globe
Summary of the essential points of PROUT’s decentralized economy.

Eight Principles of Econcomic Democracy, Taraka

Economic Democracy vs. Economic Freedom, R. Logan
“‘Economic freedom’ has become the mythic heart of neo-liberalism, of neo-conservatism. Moral forces must take up the slogan: ‘Economic democracy — not economic license’.”

How can “Local People” Manage the Economy? PROUT Globe
The present centralisation of economic power and know-how will be a thing of the past when people with all sorts of competences and capacities will prefer to live their lives “out there” instead of inside the machinery of capitalism.

Why We Need Economic Democracy, Dada Vedaprajinananda
“In the immediate aftermath of most revolutions life goes on as it did before. One government is changed with another. Perhaps the people get a greater role to participate, but economic life remains undemocratic and unchanged.”

Economic Democracy, World Government, and Globalization, R. Bjonnes
Economic self-determination, political peace, and World Government.

Ownership, Trond Overland
PROUT views ownership in two significant perspectives: The physical and the Spiritual.

FAQ on Economic Democracy

Cooperatives

“People will have to opt for either political democracy or economic democracy. That is, they will have to choose a socio-economic system based on either a centralized economy or a decentralized economy. Which one will they select?” – P.R. Sarkar

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