Progressive utilization theory: Difference between revisions

Revision as of 19:48, 10 September 2021

Revision as of 14:08, 11 September 2021

Line 13:

==Theory==

=== Overview ===

Prout proposes a [[socioeconomics|socioeconomic]] system asthat is an alternativeadvancement toon [[communismcapitalism]] and the largely outdated [[capitalismcommunism]], .<ref name=Irving/> Under the system [[Tangible property|material goods]] would be [[common ownership|common property]] and [[Distribution (economics)|distributed]] in a rational and equitable way to maximize the physical, mental, and spiritual development of all people.<ref name=Crovetto2008/><ref name=Onwuka /> The distribution intends to guarantee food, clothing, shelter, education, and medical care (what the theory regards as minimum requirements for humans).<ref name=Crovetto2008/>

Prout advocates a three-tiered approach to [[industrial organization]]. Key industries and [[public utilities]] would be [[nonprofit organization]]s. Decentralized industry run by [[sociolinguistics|sociolinguistic]] unions would provide people's minimum necessities. The majority of economic transactions would be through producers' and consumers' [[cooperative]]s.<ref name=Crovetto2011/> Incentives for people serving society would be funded via surpluses.<ref name=Crovetto2011/>