Prout is an acronym that stands for “Progressive Utilization Theory”. It is a socio-economic theory that is an alternative to existing economic systems, such as capitalism and socialism. It is not an organization nor a company.
Logo will be used on a website, publications, and other media. Although Prout is a theory for everyone, it needs to be able to attract intellectuals/academics, progressives, activists, and general public as well.
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Core concepts of Prout:
- Based on universal, spiritual values that respect all living beings
- Protects the rights of all humans to the fulfillment of their basic needs
- Protects the environment and rights of animals and plants
- Promotes equitable distribution of wealth in order to eliminate economic disparities
- Encourages a balance between individual and collective needs
- Based on economic democracy where communities achieve self-sufficiency by controlling their own economies
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