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Economics

Creating a World Without Poverty: Muhammad Yunus and the Rise of a People Based Economy

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D.H. Wright shows how the micro-credit programs pioneered by Muhammad Yunus are changing the lives of poor people around the world.
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Capitalism Is the Enemy of Democracy

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Wealth inequality, which has been highlighted by the Occupy Wall Street movement, plays a corrosive role in the political system, and capitalism, contrary to conventional wisdom, actually constricts freedom.
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Economic Democracy

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This essay, written in 1986, draws a distinction between political democracy and economic democracy. The author argues that to bring about economic and social justice the economy should be decentralized and that structural changes have to be made which will put economic decision making in the hands of local people.

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Why We Need Economic Democracy

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Political rights are not enough, it is now time to demand economic rights.
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The Occupy Wall Street Movement and the Coming Demise of Crony Capitalism

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Crony Capitalism is on its last legs says economist Ravi Batra.
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Is it Time for a Cap on Personal Wealth?

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Traditional liberal measures to address social injustice are not enough to solve current problems. Something more drastic is required.
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A Brief Introduction to the Progressive Utilization Theory (PROUT)

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P.R. Sarkar's alternative and progressive economic system is outlined in this essay.
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PROUT and Its importance in Venezuela

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A noted professor of cooperative law gave an inaugural address for the Prout Research Institute in Venezuela, stressing the need for economic democracy, a cooperative economy and spirituality as the basis for transformation in Venezuela and beyond.
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The Business of Disaster: Where's Haiti-Bound Money Going?

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Some of the relief money is going to the wrong places, writes Beverly Bell.
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Capitalism: a Miserable Failure

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Capitalism has failed to bring about the well being of most of the people on this planet and the current financial crisis should be a wake-up call for those who complacenly thought that "the fundamentals of the economy are sound."
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