The Influence of Gandhi's Economic Thoughts on the Indian Economy

<p>Gandhi wanted the Indian economy to center around autonomous village republics rather than work on the back of large-scale industries or consumption expenditure. Gandhi’s principles for formulating his economic thoughts were based on a call to ‘return to the nature’. He would have liked peo...

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Autor principal:	Taz Mazinder Barua
Formato:	article
Lenguaje:	EN ES
Publicado:	Universitat Autònoma de Barcelona 2021
Materias:	self-sufficiency gram swaraj gandhian economics rural development economic liberalization General Works A
Acceso en línea:	https://doaj.org/article/fee52ee11691433ebe86b55f26617717
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spelling	oai:doaj.org-article:fee52ee11691433ebe86b55f266177172021-12-02T15:42:15ZThe Influence of Gandhi's Economic Thoughts on the Indian Economy2339-852310.5565/rev/indialogs.170https://doaj.org/article/fee52ee11691433ebe86b55f266177172021-04-01T00:00:00Zhttps://revistes.uab.cat/indialogs/article/view/170https://doaj.org/toc/2339-8523<p>Gandhi wanted the Indian economy to center around autonomous village republics rather than work on the back of large-scale industries or consumption expenditure. Gandhi’s principles for formulating his economic thoughts were based on a call to ‘return to the nature’. He would have liked people to reduce their wants in lives and to concentrate instead on development of their faculties for achievement of spiritual goals. This would not require people in villages to madly rush to cities in search of work. All people would live more fulfilling and meaningful lives. He would justify use of machines and industrial production systems in the economy only when the outcomes serviced the fundamental and most basic needs of people. This paper describes Gandhi’s economic principles in order to analyze how they contrast with the free operation of the market today which has created multiple new inequalities in society. The liberalized rapid economic growth model in India has made development of the rural sector secondary to rapid growths in trade and manufactures of consumer commodities in the urban centers. This has gone the opposite way from the paths Gandhi outlined for his country, and it has exacerbated the same societal inequalities he wanted to see reduced.</p>Taz Mazinder BaruaUniversitat Autònoma de Barcelonaarticleself-sufficiencygram swarajgandhian economicsrural developmenteconomic liberalizationGeneral WorksAENESIndialogs: Spanish Journal of India Studies, Vol 8, Iss 0, Pp 29-49 (2021)
institution	DOAJ
collection	DOAJ
language	EN ES
topic	self-sufficiency gram swaraj gandhian economics rural development economic liberalization General Works A
spellingShingle	self-sufficiency gram swaraj gandhian economics rural development economic liberalization General Works A Taz Mazinder Barua The Influence of Gandhi's Economic Thoughts on the Indian Economy
description	<p>Gandhi wanted the Indian economy to center around autonomous village republics rather than work on the back of large-scale industries or consumption expenditure. Gandhi’s principles for formulating his economic thoughts were based on a call to ‘return to the nature’. He would have liked people to reduce their wants in lives and to concentrate instead on development of their faculties for achievement of spiritual goals. This would not require people in villages to madly rush to cities in search of work. All people would live more fulfilling and meaningful lives. He would justify use of machines and industrial production systems in the economy only when the outcomes serviced the fundamental and most basic needs of people. This paper describes Gandhi’s economic principles in order to analyze how they contrast with the free operation of the market today which has created multiple new inequalities in society. The liberalized rapid economic growth model in India has made development of the rural sector secondary to rapid growths in trade and manufactures of consumer commodities in the urban centers. This has gone the opposite way from the paths Gandhi outlined for his country, and it has exacerbated the same societal inequalities he wanted to see reduced.</p>
format	article
author	Taz Mazinder Barua
author_facet	Taz Mazinder Barua
author_sort	Taz Mazinder Barua
title	The Influence of Gandhi's Economic Thoughts on the Indian Economy
title_short	The Influence of Gandhi's Economic Thoughts on the Indian Economy
title_full	The Influence of Gandhi's Economic Thoughts on the Indian Economy
title_fullStr	The Influence of Gandhi's Economic Thoughts on the Indian Economy
title_full_unstemmed	The Influence of Gandhi's Economic Thoughts on the Indian Economy
title_sort	influence of gandhi's economic thoughts on the indian economy
publisher	Universitat Autònoma de Barcelona
publishDate	2021
url	https://doaj.org/article/fee52ee11691433ebe86b55f26617717
work_keys_str_mv	AT tazmazinderbarua theinfluenceofgandhiseconomicthoughtsontheindianeconomy AT tazmazinderbarua influenceofgandhiseconomicthoughtsontheindianeconomy
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The Influence of Gandhi's Economic Thoughts on the Indian Economy

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