(Daily Journal, Caracas, June 20, 2008) The Prout Research Institute of Venezuela is dedicated to support cooperatives in Venezuela. Prout is the acronym for the Progressive Utilization Theory, which is a new socio-economic model that is based on the self-reliance of each region, the cooperative system, environmental balance and universal spiritual values.
The founder of this theory was Prabhat Ranjan Sarkar (1921-1990), who was an Indian philosopher, composer, spiritual master and author of over 400 books.
The Prout Research Institute of Venezuela (IVIP, for its acronym in Spanish) was registered in 2007 as an independent, not-for-profit foundation in order to help with the cooperative process in Venezuela. It has finished an investigation about cooperatives in Barlovento (Miranda state) and a 30-minute documentary, “Otra Vida es Posible: Cooperativas en Barlovento” (“Another Life is Possible: Cooperatives in Barlovento”).
IVIP is preparing practical courses of training to strengthen the process of management of cooperatives. A house has been donated to IVIP for its permanent use as a national head office.
For this reason, this Saturday, June 21, 2008 at 4:00 p.m., IVIP will have the inauguration of its new head office which is located at Quinta Prout, Calle Terepaima, Avenida Sanz, Urbanización El Marques, Caracas.
The program will begin with a collective meditation and the lectures of the director of the Institute, Dada Maheshvarananda, and its president, José Albarrán.
Also personalities of the nationwide cooperative movement, such as Professor Carlos Molina Camacho, Luís Delgado and representatives from the different departments of the government will offer their perspectives.