These articles represent a PROUT analysis of important current issues, written by PROUT activists
By Shriraksha Mohan Economic systems have constantly evolved, and have been influenced by human needs, socio-cultural norms, historical events, and technological innovations of their time. In the 21st century, tremendous innovations in digital technologies have had a great influence on how economies function. Digital technologies and smartphones have redefined the notion of market. Trade and commerce have moved online. Markets
By Shriraksha Mohan India is a pluralistic society with a long history of coexistence among people of various languages, customs, traditions and religions. “Unity in Diversity” is a time-honored value most Indians embrace. Hindus make up about 80% of India’s population, Muslims about 14% and Christians, Sikhs, Buddhists and Jains the remaining 6%. A Pew Research survey shows this composition
By Roar Bjonnes In the past few decades, we have witnessed four main crises within capitalist countries – finance and inequality crises, which are a direct consequence of the economic policies backed up by neo-classical economics, as well as resource and environmental crises. The two latter crises are more appropriately linked to the industrial revolution and economic expansion of the
by Shriraksha Mohan The Progressive Utilization Theory or Prout is an alternative, holistic socio-economic system to replace the failing capitalist model of economy. With an emphasis on rational utilization and equitable distribution of the planet’s resources, Prout offers a model to build a world in which all people and the planet thrive harmoniously. Prout advocates for organization of an economy
By Mark Friedman Inflation has been a cause for anxiety and real difficulty. Especially in low and middle-income households and among the elderly, people feel powerless as they watch their living standards erode. Factors driving inflation the most – food, fuel, and rents – are things people cannot do without. The resulting frustration has been exploited by politicians in the
By Roar Bjonnes At 66, I am old enough to remember when the local economy was still thriving. I grew up in an extended family on a small island in Norway. All the apples, berries, pears, and cherries we ate, especially during fall and winter, had been cultivated in our own garden. In the fall, the whole family—including my grandmother
By Tim Shanks The use of economic sanctions as a weapon is an ancient practice. The first recorded instance was in 423 BC, when Athens banned traders from Megara to strangle the rival’s economy. However, it was only in the 20th century that economic sanctions became a regular feature of international relations. After World War II, the predominant architect of
By Roar Bjonnes When editor-in-chief of multinational business magazine Fortune, Alyson Shontell, asked in its June/July 2022 issue if it’s time for a maximum wage, she got my attention. Back in the early 90’s, when I was editor of Prout Journal, I published an article by Sam Pizzigati, co-editor of Inequality.org, which emphatically proclaimed that it is indeed time for
By Michael Towsey May 2022 The publication of Growing a New Economy by Roar Bjonnes and Caroline Hargreaves[1] was a milestone in the history of Proutist literature because it was the first comprehensive introduction to Prout economics that firmly situated the Proutist agenda within the emerging New Economy Movement. The term New Economy Movement (NEM) is a rather loose description
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