Learn how Prout seeks to build an Economy for All

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Free Trade, Protectionism and Proutist Trade

James Quilligan analyses the characteristics of Free Trade and Protectionism and how Prout, through its emphasis on economic decentralisation, localism and democratic decision-making, integrates and transcends them both.
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Trade Wars

If a full scale trade war actually breaks out, it will lead to a marked reduction of global trade. But what would this new economic situation look like, and would it actually be such a bad thing? We unpick the seeming contradictions within Prout’s stance on free trade.

A Prout Perspective 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.

A Prout Perspective on Sustainability

Sustainability has been a buzzword for the last few decades, but the present ecological crisis demonstrates that it is impossible to achieve sustainability within the capitalist framework that puts profit before people and planet. Prout is based on respect for all living beings, as well as the entire inanimate world.

A Prout Perspective on Markets

Through its policies of economic democracy, Prout avoids market failures by decentralizing the economy and putting economic development into the hands of local communities and regions.

A Prout Perspective on Wealth Disparity

Capitalism allows the majority of wealth to remain in the hands of a small number of powerful individuals and corporations. In order to create greater economic equity, Prout proposes that each society decides upon a limit on the over-accumulation of wealth.

A Prout Perspective on Taxes

Prout proposes to replace income tax with production tax to create and simpler and fairer system that discourages tax evasion and supports local economy.

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