"Mahatma Gandhi regarded Economics as a moral science and laid tremendous
emphasis on the ethical aspect of the problem. Economics that hurts the
moral well-being of an individual or a nation and does not cater to the
needs of the poor and downtrodden, is immoral and, therefore, sinful. Its
goal is not pure material benefits but advancement of humanity on its road
progress. No one's gain should be anybody's loss, financial, physical,
moral or spiritual. The Mahatma denounced the concept of `Economic Man'
because the mind of this industrialized robot suffers an almost complete
black out when it comes to freedom and responsibilities of a human person.
That is why Gandhi formulated his economic principles in the context of his
design of an ideal social order: a non-violent, non-exploitative,
humanistic and egalitarian society. Satisfaction of needs and moral
elevation of individual were not
anti-thetical for him.
At a time when humanity is groaning under crushing burden of a number of
miseries and struggling with the night-mare of a terrifying future, the
alternative course indicated by the unerring fingers should come as a
solace to all those who seek happiness, real prosperity, peace and goodwill
This outstanding book in second edition is bound to blaze a new trail of
Alternative Economics. It promises to bring to its readers not only a new
understanding of Gandhi but of the Globalised world we live in today."
1. Evolution of Gandhi's Economic Thought
2. Alienation and Wantlessness
3. On Industrialization
4. Theory of Trusteeship
5. Labour-Capital Relations
6. Rural Reconstruction
7. Gandhi and the Capitalists
8. Gandhism, Communism and Socialism
9. Doctrine of Swadeshi
10. Gandhian Economic Order