The Biggest Economic Pain the World Has Ever Seen

The financial crisis is just one symptom of a long-festering economic disease - a disease caused by neglecting basic economic principles over the past 30 years, economics professor Ravi Batra maintains. Read article
There is a major difference between the 1930s Great Depression and the coming Great Depression. During the 1930s Great Depression generating employment by government spending worked. It will not work this time, writes Dr. Susmit Kumar. In the end there will be no option but to restart domestic manufacturing and service sector units. Read article
PROUT Values
Read Krsnasevananda's classic Think Like a Family, Act Like a Hero to get an idea about basic values of PROUT.
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 article
- From an informative article on PROUT in Working Usa, The Journal of Labor and Society.
Globalization: Reality and Hope

Anger, fear: Dangerous items confiscated from one person near the site of the Toronto summit, according to police reports
Leaders at the late June 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."






