PROUT's Concept of Economic Democracy

10 minutes of plain-spoken awesome. Economic Democracy is the BIG IDEA of our time. Make sure you don't miss the awesome moment starting at 2:30 that goes until 3:25! 

"People will have to opt for either political democracy or economic democracy. That is, they will have to choose a socio-economic system based on either a centralized economy or a decentralized economy.

The minimum requirements of life and increasing purchasing power must be guaranteed to all, the power to make all economic decisions must be placed in the hands of the local people, and outsiders must be strictly prevented from interfering in the local economy -- all this for the universal well being of all, including plants and animals." - P.R. Sarkar, founder of PROUT. 

Presented by Dada Maheshvarananda, author of After Capitalism, Economic Democracy in Action. Recorded at the Prout Research Institute of Caracas, 20 April 2012.

Produced by www.PROUTGlobe.org

 

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PROUT's Concept of Economic Democracy