PostHeaderIcon Globalization: Reality and Hope

Anger, fear: Dangerous items confiscated from one person near the
site of the Toronto summit, according to police reports

(PROUT World, June 28, 2010) - Leaders at the weekend's G20 summit in Toronto agreed to sacrifice the welfare of ordinary people world wide for the sake of saving a global economic system that increasingly favors only a very few. National budget deficits are to be cut in half by 2013. President Barack Obama encapsulated the mood at the summit: "Together we represent some 85 per cent of the global economy; we have forged a coordinated response to the worst global economic crisis of our time."

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PostHeaderIcon The Global Economy Desperately Needs Another Brilliant Keynes Idea

It is better to negotiate some kind of tax on both trade surplus and trade deficit as proposed by Keynes when debts are manageable, otherwise China is going to rule the global economy, writes Dr. Susmit Kumar.

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PostHeaderIcon The End – of Capitalism – Is Near

(PROUT World, June 28, 2010) - While Princeton professor Paul Krugman and his opponents are arguing whether severe austerities or hyper-spending is the way out of the present economic morass, the fact remains that the issue is not about quantity but quality. The tremendous fault line that threatens to swallow the world runs deep within the financial system itself. Its fatal crack, the limited availability of physical wealth and its consequent inability to satisfy human thirst, spells the end of capitalism as we know it.

To those for whom capitalism is everything its collapse will indeed be the end of the world. For those of us who believe in better life after capitalism -- a world where human beings will be able to live with and not off each other -- the turn of events hold opportunities for real growth in all spheres; physical, psychic, spiritual.

From the time of its inception more than 50 years ago, PROUT has announced the fall communism, capitalism, as well as religious fundamentalism. No one should not be depressed at the fall of one such exploitative dogmatic system after the other but feel blessed to live in eventful, promising times!

 

PostHeaderIcon Signing to Stay

(PROUT World, June 14, 2010) - U.S. President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid "massive layoffs of teachers, police and firefighters" and to support the still-fragile economic recovery.

Which leaves us pondering yet again: Are the huge stumulus packages intended for saving banks really or most of all for keeping "teachers, police and firefighters", your typical middle class proponents, in check by all means.

The worst thing that can happen to an elected politician is that his or her election platform proves useless and breaks down. In this regard the current U.S. President would be just another capitalist doing all he can to keep business as usual.

See also: The value-oriented middleclass

 

PostHeaderIcon Enlightening on PROUT

"PROUT (the Progressive Utilization Theory) is a socioeconomic alternative model that promotes the welfare and development of every person, physically, mentally, and spiritually. ... PROUT promotes an ecological and spiritual perspective that is universal and nondogmatic. PROUT’s holistic model provides an overarching framework to effectively measure and compare policies for the greater good of all people, as well as the planet." Read the full article online
- From an informative article on PROUT in Working Usa, The Journal of Labor and Society.

 

PostHeaderIcon Real Progress

The BP oil spil environmental crisis offers eloquent evidence of the limitations and flip side of material development. According to PROUT, real progress lies in spiritual development only. See our Progress page.

 

PostHeaderIcon Real Democracy

Political democracy tends to uphold economic exploitation while the concept of economic democracy promises to pave the way for all-round emancipation. See our Economic democracy page

 
THURSDAY, 29 JULY 2010
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