Ravi Logan

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So far Ronald Logan has created 5 blog entries.

Cycles and Bubbles

Second in a Series on Economic Depression by Ronald Logan, PROUT Institute Executive Director

At some point in the late 1980s I was exposed to the Kondratiev Cycle, first proposed by Nikolai Kondratiev a talented Soviet economist whose work predicted cycles of economic depressions.

In his 1925 book, The Major Economic Cycles, he introduced a theory of 50-60 year-long cycles of boom and bust in capitalist economies. Kondratiev’s works were suppressed in the Stalinist era (he was executed by Stalin in 1938), but were rediscovered in the late 1970s when his ideas on economic cycles eventually came to my attention. My interest in the Kondratiev Cycle was primed by my exposure to PROUT founder P.R. Sarkar’s article Economic Dynamics, which also predicted a coming great depression — one that would bring the downfall of capitalism.

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By | 2016-10-12T23:45:01+0000 June 1st, 2016|Ronald Logan|0 Comments

Library Expands Contents With Many Valuable New Articles

We’ve expanded our library with a diversity of new contents having value for a wide range of readers! In the past three months, some 13 new items have been uploaded to the Library. This includes two new folder collections:

  • General PROUT Theory
  • Cooperative Enterprise

Some new articles of particular significance include:

Our library has been getting valuable use: At this year’s 11th Annual Finnish Social Forum — a gathering of social movements, NGOs and civil society organizations — the Finnish PROUT group at the program distributed packets of PROUT articles that were sourced from the PROUT Institute Library.

Here are short blurbs on all of the articles and papers — and the two new subject folders — added to the Library since March, 2016

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By | 2017-05-26T01:53:06+0000 June 1st, 2016|Ronald Logan|0 Comments

Globalizing the Company Town

A “company town” is a town in which all property, services, and enterprises are owned by a single company. In a company town, it is the company that hires, fires, and retires workers. It is the company that runs the store where people get their commodities and that controls the water and the electric systems. The company runs the school and runs the medical clinic. The company owns the homes that workers rent. And it is the company that brings in the hired security force when there is labor unrest. In the company town, whose interests rule?

Let us now consider the global economy. In the global economy, who provides the jobs; who outsources the jobs? Who runs (and ruins) retirement programs? In the global economy, who owns the resources, and who plunders the resources? Who decides what factories get built — and then decides when they get moved and where? Who runs the hospitals; who controls the energy grid, the media, the currency? It is an increasingly small number of growing conglomerates.

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By | 2016-06-01T03:16:47+0000 June 1st, 2016|Ronald Logan, Uncategorized|0 Comments

Signs of Economic Crisis?

First in a series on Economic Depression by Ronald Logan, PROUT Institute Executive Director

In my in-box yesterday was a forwarded article from The Common Sense Show newsletter reporting that the BDI (“Baltic Dry Index” — an index of the cost of shipping commodities by sea) had just dropped 3.1 percent to a record low, and concluding that, “To anyone who knows anything about economics, it is clear that this financial era is coming to an end.”

This came two days after another forwarded article, this one in the English paper, The Telegraph, titled “RBS Cries ‘Sell Everything’ as Deflationary Crisis Nears.” The substance of the article: The bank “RBS

[Royal Bank of Scotland] has advised clients to brace for a ‘cataclysmic year’ and a global deflationary crisis,” and that “Markets are flashing stress alerts akin to the turbulent months before the Lehman crisis in 2008.”
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By | 2016-12-25T01:44:36+0000 January 22nd, 2016|News, Ronald Logan|1 Comment