By Apek Mulay
Introduction
The US stock market is up more than 140% since its lows in 2009 [1]. However, US joblessness is also high. The twin deficits (Budget and Trade) have resulted from growing income disparity and offshoring high paying manufacturing jobs from the US. Questions also arise about the QE policies of the Fed. During the great depression …
A PROUT Globe presentation
Today as so many people around the world are being thrust into poverty in a new Global Economic Depression, are we not honour-bound as human beings to ask why? Why is it that a few elite bankers playing with banks and stocks can destroy banks and corporations and then ask the people to pay the price …
By Ravi Logan
When the United States Constitution was drafted by America’s Founding Fathers at the Constitutional Convention in Philadelphia in 1787, George Mason, the influential delegate from the state of Virginia, was one of only three delegates who refused to sign it. His reason: “It has no declaration of rights.”
“George Mason drew a line in the sand: No …
By Ravi Logan
Those Americans who watch MSNBC news shows, or John Stewart’s Daily Show, have seen spliced together video clips of Republican political leaders commenting on the major policy issue of the day. It is not the content of their message that is striking, but that they all give the exact same message, using identical wording.
“Moral forces …
By P.R. Sarkar
In all human actions the tender touch of humanity should be present. Those with the tendency to not deprive others cannot, on the grounds of justice and equity, accept the principle of private ownership. The economic structures in the world today, however, are not based on human rights. In order to recognize human rights, one will …
By Ac. Dhanjoo N. Ghista
This paper offers guidelines for:
The current world order necessitates requirements, such as (i) a new format of locally employable economic system (empowering local people) which can …
By Ronald Logan
Humans organize themselves in social aggregates to meet their collective needs and express their collective potentials. These social units have evolved in size and nature over the course of human existence, going from bands, to tribes, to chiefdoms, to city-states, to nations and empires.
Modern political theory has given special importance to the role of nations. “Nationalism …
Dada Vedaprajinananda
During the last century people were stirred by slogans such as “making the world safe for democracy” and by demands for “self-determination.” As a result, presently most of the countries of the world now have political democracies and countries that were once colonies of stronger nations are now “free.” Yet despite all of this “democracy” and “freedom” something …
What is PROUT’s concept of economic democracy?
Sarkar writes:
“In all countries where democracy is in vogue today, people have been deceived into believing that there is no better system than political democracy. Political democracy has no doubt granted voting rights, but it has snatched away the right of economic equality. Consequently, there is gross economic disparity between the rich …
PROUT suggests we exchange the idea of pervasive private ownership for stewardship and an absolute right to utilization.
Trond Overland
Imagine a society where people run most things together. Utopian, you say? Well, it would not be so different from the way most of us share our homes, transport, work places, free time, etc. Human beings already share utilities, properties, …
