Prout supports the policy of economic decentralization so that local people gain control over their economic destinies and wealth is distributed more equitably. These prosperous, self-sufficient local economies form the foundation of Prout’s socio-economic system.
Decentralizing the economy implies:
- local control of economic planning,
- production mainly for local consumption,
- production and distribution managed by local cooperatives that are embedded in the community,
- targeted hiring of local residents to achieve 100% employment, and
- the gradual elimination of all non-local products and services.
Through extensive and intensive decentralization, localities will become more self-sufficient and build wealth for their residents. The implementation of decentralization will vary according to economic efficiencies – for example, while most of the production of food could be handled locally, a regional production facility would be more practical for, say, the manufacture of cars and other large-scale industries.
