Current Issues - Proutist Universal

Post-Capitalist Compatibility: Degrowth, Indigenous Wisdom, and Prout

By Roar Bjonnes As the climate crisis intensifies and global inequality deepens, thinkers and activists are increasingly calling for alternatives to capitalism. Three perspectives offering compelling visions for a post-capitalist world are P. R. Sarkar’s Progressive Utilization Theory (Prout), Jason Hickel’s degrowth eco-socialism, and Nick Estes’ Indigenous resistance framework. While coming from different traditions, these approaches share striking similarities in

November 4, 2024

People Want Economic Democracy

By Prabhakar T. Overland A certain socioeconomic issue seems to be staring the world’s legislators and policymakers in their face: How can a minimum of wealth be distributed to allow people to stay calm so that the economy remains intact? A bit like the Corona virus conundrum then: How many vaccinated people does it take for the pressure on hospitals

July 11, 2024

Technology or Digital Fiefdom?

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

January 29, 2024

Modinomics: Corporatization in the backdrop of religious tensions in India.

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

September 25, 2023

Beyond Green Capitalism

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

June 7, 2023

Consumption and Profit from Prout perspective

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

April 19, 2023

Is Inflation Just Part of the Ride?

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

April 11, 2023

A New Renaissance of Local Farms, Local Food, and Local Economies

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

August 25, 2022

How Economic Sanctions on Russia Could Crash the Monetary System

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

August 11, 2022

Thriving People, Thriving Planet