PROUT stands for Progressive Utilization Theory – a theory propounded in 1959 by the Indian philosopher Shrii Prabhat Ranjan Sarkar. Prout is a comprehensive, socio-economic system that recognizes the physical, mental and spiritual dimensions of human nature. Prout provides a blueprint for the holistic development of a truly progressive society. Prout is an alternative to capitalism and communism, neither of which has met the needs of humanity. While communism severely restricted human freedoms, capitalism has encouraged unequal access to goods and services, and over-accumulation of wealth by a few. Due to unbounded greed, capitalism has resulted in rampant environmental destruction. The principles of PROUT depends on the following factors:  (1) No individual should be allowed to accumulate any physical wealth without the clear permission or approval of the collective body. (2) There should be maximum utilization and rational distribution of all mundane, supra-mundane and spiritual potentialities of the universe. (3) There should be maximum utilization of the physical, metaphysical and spiritual potentialities of the unit and collective bodies of human society. (4) There should be a proper adjustment amongst these physical, metaphysical, mundane, supra-mundane and spiritual utilizations. (5) The method of utilization should vary in accordance with the changes in time, space and person, and the utilization should be of a progressive nature.