Progressive utilization theory

The Progressive utilization theory (PROUT) is a socioeconomic and political philosophy created by the Indian philosopher and spiritual leader Prabhat Ranjan Sarkar. He first conceived of PROUT in 1959. Its proponents (Proutists) claim that it exposes and overcomes the limitations of capitalism, communism and mixed economy. Since its genesis, PROUT has had an economically progressive approach, aiming improve social development in the world. It is in line with Sarkar's Neohumanist values which aim to provide "proper care" to every being on the planet, including humans, animals and plants. PROUT has not been implemented in any part of the world, though there are a number of books and articles on the subject. In 1959, Sarkar started to develop the ideas of Prout. In 1961, the theory was formally outlined in his book Ananda Sutram, published under his spiritual name Shrii Shrii Ánandamúrti. A number of organizations have been created for the promotion and dissemination of Prout, such as Proutist Universal, Prout Globe, Prout Institute, etc. Since the 1980s a number of cooperative communities have been established across the world by Ananda Marga in an attempt to provide ideal models for the society outlined in Prout. Prout proposes a socioeconomic system that is an advancement on capitalism and the largely outdated communism. Under the system, resources would be collective property from which usufructuary rights are carved out for use by individuals or groups of individuals. Distribution of goods in a market has to be rational and equitable, so that the allocation of a good maximizes the physical, mental, and spiritual development of all people. There must always be a baseline distribution that intends to guarantee food, clothing, shelter, education, and medical care (what the theory regards as minimum requirements for humans). Prout advocates a three-tiered approach to industrial organization. Key industries and public utilities would operate on a no profit - no loss basis as these are resources held on trust for the public.