On Cooperatives
Workers’ Cooperatives form the main part of Prout’s three-tier economy model. They put decision-making power and wealth into the hands of local people.
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Day: May 2, 2018
On Trade
Free trade between rich and poor countries can be disastrous for the less developed trade partner. Prout suggests ways in which less developed countries can build their economies and achieve greater equality in international trade.
On Democracy
While political democracy can and needs to be improved, Prout emphasizes economic democracy as a direct way people can take control of their daily lives.
On Spirituality
At the heart of the Prout philosophy is the idea of the inherent unity of all life and the spiritual essence at the core of all beings. Humans are physical, mental and spiritual beings. Political and economic planning must therefore acknowledge these three dimensions of life.
On Socialism
Often termed as ‘Progressive Socialism’, Prout differs from traditional Socialism in key ways, including its three-tiered economic structure and its emphasis on the protection of the natural world.