About Us
WHO WE ARE
Wealthcap.org is a global community of people who are striving for greater economic and social equity.
P.R. Sarkar (1921-1990) propounded the principle of non-accumulation of excessive wealth in 1959. His philosophy of “Neo-Humanism”, which expanded the spirit of humanism to embrace the rights of plants, animals and the inanimate world, was complemented by the practical concepts of his socio-economic theory, Progressive Utilization Theory, commonly known as PROUT, to restructure the economy. Recognising that the physical resources of the world are limited, he supported the concept of a ceiling on wealth accumulation as one of the tools to remove social and economic disparity.
Humanity is crossing the threshold of a new era. Outdated economic theories are crumbling to pieces. We require no more untruths to justify unfairness. A newly-awakened humanity is anxious to herald the advent of a universal society where the requirements and needs of all are met.
Our Values
Frequently Asked Questions
A wealth cap is a block or ceiling on the amount of personal wealth that an individual can accumulate after subtracting the costs. It includes income, property, assets, savings and investments.
The value of wealth is to be measured in terms of its capacity to purchase commodities. That is, the purchasing capacity of wealth is its real value. This real value of wealth has not yet been properly understood in numerical terms by economist.
Certainly, the idea of a wealth cap would include the idea of minimum and maximum wage caps. A minimum wage cap is intended to ensure an employer does not exploit an employee’s labour in relation to business earnings. It sets a minimum standard to cover the costs of living for an individual or family. A maximum wage cap sets the maximum income a person can receive in relation to other employees in the industry as well as society at large.
Everyone wants to end poverty.
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