Prabhat Ranjan Sarkar: Difference between revisions

The Progressive Utilization Theory is a [[:wikipedia:Socioeconomics|socio-economic]] theory first mentioned in 1959 by Sarkar{{sfn|Craig|1998}} To popularise and implement PROUT, Shrii Sarkar established the organisation, "Proutist Universal", which primarily consists of five federations (students, intellectuals, farmers, labour, and youth). The proutist economy as described by Sarkar is a form of [[:wikipedia:Co-operative economics|cooperative]] and [[:wikipedia:Decentralization|decentralised]] economy that looks more at the [[:wikipedia:collective|collective]] welfare rather than to [[:wikipedia:Profit (economics)|profit]], without neglecting the promotion of the [[:wikipedia:individual]] [[:wikipedia:Meritocracy|merits]] of each. "Progressive utilization" stands for the [[:wikipedia:optimisation|optimization]] and maximum utilisation of [[:wikipedia:Nature|natural]], industrial and [[:wikipedia:Human resources|human]] [[:wikipedia:resource|resources]] on a [[:wikipedia:Sustainable development|sustainable]] basis for the entire [[:wikipedia:ecosystem|ecosystem]]. This theory, that claims to overcome the limitations of both capitalism and communism with his [[Law of Social Cycle]] founded on Sarkar's "Social Cycle Theory", is not concerned solely with economics. In 1968, Sarkar founded the organisation "Proutist Block of India" (PBI), to further the ideals of his theory through political and social action.{{sfn|Fukui|1985|p=357}} The PBI was soon superseded by "Proutist Universal" (PU). According to its proponents ''PROUT'' encompasses the whole of individual and collective [[:wikipedia:existence|existence]] – physical, educational, social, political, mental, cultural and [[:wikipedia:spirituality|spiritual]] – not just for human [[:wikipedia:being|beings]] but for all beings.