Economy

Economic Democracy Training: A first for activists local and beyond

From August 1st through August 6th a group of activists, co-op developers and permaculturists gathered for an Economic Democracy Training with the Prout Research Institute in Marshall, North Carolina. As the inaugural in-person program, and with a newly constructed building, the training was a warm welcome to a group of 17 individuals, and focused on studying the principles and application of the Progressive Utilization Theory, or Prout, as a way to achieve economic systems change.

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“The Next Economy is Happening”

These days there is a big transition to worker-owned businesses, because the baby boomer business owners are all retiring. It’s called “the silver tsunami.” It’s about creating a secession plan, and empowering the workers. So this is something we’ve been able to work with.

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The New Economy Movement Comes of Age

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.

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Solving the Inequality Gap: Progressive Taxation or Economic Democracy

Since the late 1970s through 2020, writes Shontell, “compensation for chief executives rose 1,322 percent.” During that same period, however, annual worker compensation only rose by a paltry 18 percent. At the end of her editorial, Shontell asks: “Is [this] capitalism at its best? Or a bubble that’s finally ready to burst?”

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Modinomics: Corporatization Amidst 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

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Is Inflation Just Part of the Ride?

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.

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Beyond Green Capitalism

Since the publication of Schumacher’s green classic Small is Beautiful in 1973, the world has not become any more sustainable or greener. Despite the popularity of everything green, the corporations are ahead of the game and finding new loopholes to pollute and to pay less tax to maximize profit.

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Production for Consumption Not Profit

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

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Housing and Prout

In a Proutist society, local and state agencies will establish a system of “no persons or families left behind” in terms of housing, reflecting the fundamental spirit of moving together as one human society. Community land trusts, housing cooperatives, or direct public investment in housing may be among the approaches used.

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The Ukrainian War, Strategic Interests and Monetary Systems

The invasion of Ukraine, the indiscriminate destruction of civilian infrastructure, and the killing of innocent people are evil acts deserving of our unreserved condemnation. The fact that other powers, such as the United States, have engaged in similar actions at various times is no mitigating circumstance.

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Microvita and the Corona Virus

With much of the world’s population in residential lockdown today, deeply thoughtful and concerned people throughout the world are wondering what has brought the world to this current disturbing state of affairs, and what are the immediate and the long-term solutions.

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“AmaZen” will not bring peace to Amazon’s workers and their communities

While initiatives like ‘AmaZen’ claim to cater to spiritual wellbeing of employees, Amazon’s online business model has left communities bereft of local self-reliance, ruptured human connections, and kept people away from finding meaningful work that pays livable wages.

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Prout Anchor Exercise

It is often difficult to judge whether different proposals and theories in government, social media, or corporate media are credible and deserving of our support. Prout’s focus is always on what is benevolent for humanity and the planet. For this reason, we suggest using the following eleven criteria as a tool to help evaluate the worthiness of real world proposals.

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The End of The Neoliberal Era

The possible decline of Neoliberalism stems from a number of factors. At the most practical level, neoliberalism has failed to produce the economic security that its adherents promised. This failure, in turn, has led to a deeper understanding of how markets actually work.

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An Open Letter to AOC

Dear Representative Ocasio-Cortez,

We, the members of Prout Alliance, strongly support your work in the US Congress as a progressive leader and a fierce advocate for social and economic justice. We are inspired by your courage and eloquence in responding to the insults and hate speech from Mr. Yoho.

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The Prout Parliament Game

The Prout parliament game has four parts. Part 1 is an explanation of core Prout ideas in a futures context. Part 2 is a futures wheel process that develops the implications of key emerging issues. Part 3 is athe development of a checklist that is used to informed decision-making. And part 4…

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The Three Tiered Economy

Prout advocates a three-tiered economy including a privately-owned small business sector, a sector of cooperatives where most production and commerce will take place, and a sector of large government owned and operated firms. Let’s look into the rationale for each sector.

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Medical Care from the Prout Perspective

While the Affordable Care Act (ACA) may be annulled during the Trump Administration, it is important to review why health care is necessary and what may happen without it. The United States continues to lag behind the rest of the developed world in its health care system, with outcomes ranging between 37th and 70th among nations in the world. This, in spite of the fact that America spends over 16% of its GDP on health care, far above what most other countries spend, usually 5-10%.

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Thriving People, Thriving Planet

Economic Liberation for All