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Prout - the Progressive Utilization Theory
Prout is the socio-economics of all-round liberation. Formulated in 1959 by Indian socio-spiritual activist thinker P.R. Sarkar, it advocates economic liberation for all, not economic liberalism. As a socio-economic theory, Prout is not concerned solely with economics but encompasses the whole of human individual and collective existence - physical, educational, social, political, mental, cultural and spiritual - within the paradigm of integrated growth. The cardinal values of Prout are those of neo-humanism, which takes into consideration the good and happiness of all living beings; plants, animals and humans.
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