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."
The Progressive Utilization Theory (PROUT) is the basis for an economic system which is an alternative to both capitalism and communism. PROUT was conceived by P.R. Sarkar in 1959 who in the article below outlines some of the basic features of a decentralised, cooperative economic system built upon the principles of PROUT.
Prout College (www.proutcollege.org ), affiliated with the University of the Sunshine Coast, is a new virtual academic cooperative hosted in Australia. Prout College started running its first subjects this year. Here is a look at what they are all about.
A look at the possible future of Australian agriculture, presenting cooperative farming as a viable solution to economic and ecological challenges and as an alternative to inefficient family farms and large-scale agribusiness.
The Progressive Utilization Theory (PROUT) is the basis for an economic system which is an alternative to both capitalism and communism. PROUT was conceived by P.R. Sarkar in 1959 who in the article below outlines some of the basic features of a decentralised, cooperative economic system built upon the principles of PROUT.
The following article is an excerpt from an address to the Manzu Research Centre in Rimini, Italy in which Professor Batra sketched the broad outline of the Progressive Utilisation Theory (PROUT).The passage reprinted below explains the spiritual concepts underlying PROUT.
