The Winner Takes It All and Continues to Act Like a Cheat
It’s five years since the launch of America’s Troubled Assets Relief Project (TARP), a 430 billion dollars bank bailout program. Commemorating the jubilee, the US government stopped the wages of 800.000 government employees, thereby shutting down numerous public services in a move that hit the economy severely. Do TARP and similar programs, such as the trillions of dollars provided to big banks through Quantitative Easing (QE), work as intended?
Also: QE Fails to Deliver, Banking System Needs to Change
PROUT’s Rational Banking System
Today’s banking is dominated by all-devouring colossuses that crave to be fed by public money, whenever their speculation fails spectacularly, to continue their existence as masters of global trade. In contrast, PROUT’s banking system presents a rational approach to supplying money when and where it is required for human welfare.
Also: Break Up Big Banks; IMF
100% Employment Further escalation of the crisis of capitalism will cause unemployment figures to rise sharply throughout the world. One in ten around the world are unemployed while youth unemployment is particularly high. By virtue of its decentralized, balanced economy and emphasis on the cooperative sector, PROUT guarantees 100% employment and increasing purchasing capacity for all.
Social Security and the Authority of the State
Solving the Global Water Crisis
Wells are drying up and underwater tables falling so fast in the Middle East and parts of India, China and the US that food supplies are seriously threatened, a world leading resource analyst has warned. PROUT founder Shrii Prabhat Rainjan Sarkar offered a visionary analysis and practical solutions for the global water crisis.
A Silent March for the 1982 Seventeen
Assistant District Magistrate Sher Singh has offered that PROUT was the reason for the cruel attack and murder of the 16 Ananda Marga monks and one nun in broad daylight in Kolkata in 1982. The Ananda Marga organisation supports PROUT throughout India and the world. The atrocities were witnessed by thousands of people but no arrest has been made till date. Click to read the report