Gandhian economics | Wikipedia audio article
Channel: wikipedia tts
Date: 2018-12-16

This is an audio version of the Wikipedia Article:
Gandhian economics


00:01:03 1 Gandhi's economic ideas
00:04:06 2 Swaraj, self-rule
00:06:42 3 Gandhian economics and ethics
00:09:12 4 Underlying principles
00:10:11 5 Social justice and equality
00:11:01 6 Non-violent rural economy
00:12:08 7 Environmentalism
00:12:56 8 Concept of socialism
00:13:43 9 Implementation in India
00:15:44 10 Modern interpretations
00:16:35 11 See also
00:16:46 12 Further reading



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SUMMARY
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Gandhian economics is a school of economic thought based on the spiritual and socio-economic principles expounded by Indian leader Mahatma Gandhi. It is largely characterised by rejection of the concept of the human being as a rational actor always seeking to maximize material self-interest that underlies classical economic thinking.  Where Western economic systems were (and are) based on what he called the “multiplication of wants,” Gandhi felt that this was both unsustainable and devastating to the human spirit.  His model, by contrast, aimed at the fulfillment of needs – including the need for meaning and community.  As a school of economics the resulting model contained elements of protectionism, nationalism, adherence to the principles and objectives of nonviolence and a rejection of class war in favor of socio-economic harmony. Gandhi's economic ideas also aim to promote spiritual development and harmony with a rejection of materialism. The term "Gandhian economics" was coined by J. C. Kumarappa, a close supporter of Gandhi.