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Progressive Utilization Theory: Difference between revisions
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Under PROUT, efficiency in respect to production and distribution is enhanced by judicious allocation of [[#Amenities|amenities]]. Another way in which efficiency would be enhanced is by restricting hiring in respect to [https://en.wikipedia.org/wiki/Floating_population floating populations].<ref>''The problem of a floating population and immigrant labor will not occur in the cooperative system, as cooperative members will have to be local people. Floating laborers should have no right to be cooperative members – migratory birds have no place in cooperatives – as they can disturb a whole economy. Howrah district, for example, produces sufficient crops in a season to feed the local people for seventeen months, but due to immigrant labor the produce is consumed in six and a half months. The elimination of the floating population will also protect the social life of the cooperative from the possibility of adverse social influences.'' Sarkar, Prabhat Ranjan (1982). "Farmers Cooperatives" published in ''PROUT in a Nutshell Volume 4 Part 20''. [[Ananda Marga Publications]].</ref> | Under PROUT, efficiency in respect to production and distribution is enhanced by judicious allocation of [[#Amenities|amenities]]. Another way in which efficiency would be enhanced is by restricting hiring in respect to [https://en.wikipedia.org/wiki/Floating_population floating populations].<ref>''The problem of a floating population and immigrant labor will not occur in the cooperative system, as cooperative members will have to be local people. Floating laborers should have no right to be cooperative members – migratory birds have no place in cooperatives – as they can disturb a whole economy. Howrah district, for example, produces sufficient crops in a season to feed the local people for seventeen months, but due to immigrant labor the produce is consumed in six and a half months. The elimination of the floating population will also protect the social life of the cooperative from the possibility of adverse social influences.'' Sarkar, Prabhat Ranjan (1982). "Farmers Cooperatives" published in ''PROUT in a Nutshell Volume 4 Part 20''. [[Ananda Marga Publications]].</ref> | ||
The banking system is a crucial element of commercial economy. Without banks, the mobility of money would be hindered. However, banks and similar institutions have a tendency to be greedy. Hence, they may make unsafe or unwise loans. When that occurs, depositors are at risk of losing their savings.{{#tag:ref|Some recent examples of this problem are the [ | The banking system is a crucial element of commercial economy. Without banks, the mobility of money would be hindered. However, banks and similar institutions have a tendency to be greedy. Hence, they may make unsafe or unwise loans. When that occurs, depositors are at risk of losing their savings.{{#tag:ref|Some recent examples of this problem are the [https://en.wikipedia.org/wiki/Savings_and_loan_crisis savings and loan crisis] in the 1980s and 1990s, the [https://en.wikipedia.org/wiki/Subprime_mortgage_crisis subprime mortgage crisis] in the 2000s, and, most recently, the [https://en.wikipedia.org/wiki/Libor_scandal Libor scandal] of 2012.|group="nb"}} PROUT insists that the banking system be carefully regulated. The establishment of local banking [[#Cooperatives|cooperatives]] can also help to reduce risks.<ref>Sarkar, Prabhat Ranjan (date unknown). "Questions and Answers on Economics – Excerpt C" published in ''Proutist Economics''. [[Ananda Marga Publications]]. ISBN 81–7252–003–4.</ref> | ||
With respect to [https://en.wikipedia.org/wiki/monetary_policy monetary policy], a PROUT-based economy would prohibit the issuance of [https://en.wikipedia.org/wiki/Money currency] that does not have a proportionate amount of reserved bullion (typically, [https://en.wikipedia.org/wiki/Gold_standard gold]). This would eliminate the possibility of crippling inflation and facilitate a genuine and recognizable increase in [https://en.wikipedia.org/wiki/Purchasing_power purchasing power].<ref name="ReferenceB"/> | With respect to [https://en.wikipedia.org/wiki/monetary_policy monetary policy], a PROUT-based economy would prohibit the issuance of [https://en.wikipedia.org/wiki/Money currency] that does not have a proportionate amount of reserved bullion (typically, [https://en.wikipedia.org/wiki/Gold_standard gold]). This would eliminate the possibility of crippling inflation and facilitate a genuine and recognizable increase in [https://en.wikipedia.org/wiki/Purchasing_power purchasing power].<ref name="ReferenceB"/> | ||
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==== Minimum requirements according to era ==== | ==== Minimum requirements according to era ==== | ||
Human longings are unlimited. What is considered to be an [[#Amenities|amenity]] today may be viewed as a ''minimum requirement'' tomorrow. For example, consider cellphones. This is a relatively new technology. The [http://www.google.com/patents?id=nO8tAAAAEBAJ&printsec=abstract&zoom=4#v=onepage&q&f=false first patent] to be taken out on a handheld cellphone was in October 1973.<ref name=radiotelsys>[ | Human longings are unlimited. What is considered to be an [[#Amenities|amenity]] today may be viewed as a ''minimum requirement'' tomorrow. For example, consider cellphones. This is a relatively new technology. The [http://www.google.com/patents?id=nO8tAAAAEBAJ&printsec=abstract&zoom=4#v=onepage&q&f=false first patent] to be taken out on a handheld cellphone was in October 1973.<ref name=radiotelsys>[https://en.wikipedia.org/wiki/Martin_Cooper_(inventor) Martin Cooper], et al., [http://www.google.com/patents?id=nO8tAAAAEBAJ&dq=martin+cooper "Radio Telephone System"], US Patent number 3,906,166; Filing date: 17 October 1973; Issue date: September 1975; Assignee [https://en.wikipedia.org/wiki/Motorola Motorola]</ref> Today, less than 40 years later, there are over 6 billion mobile phone subscriptions, reaching 87% of the global population.<ref> [http://mobithinking.com/mobile-marketing-tools/latest-mobile-stats/a#subscribers "Global mobile statistics 2012 Part A: Mobile subscribers; handset market share; mobile operators"]. ''Mobithinking''. 9 August 2012.</ref> In other words, cellphones have even penetrated the [https://en.wikipedia.org/wiki/Bottom_of_the_pyramid bottom of the economic pyramid], effectively making them what PROUT would deem to be a ''minimum requirement according to era''. In the view of PROUT, human society is not just obliged to provide everyone with the [[#Minimum requirements of life|minimum requirements of life]]. Rather, human society is obliged to provide everyone with whatever may constitute the minimum requirements according to era.<ref>Anandamurti, Shrii Shrii (1962). ''[[Ananda Sutram]]'' (Sutra 5:9). [[Ananda Marga Publications]]. ISBN 81–7252–027–1.</ref> | ||
=== Morality === | === Morality === | ||