Gandhi’s Moral Economy
The seventh chapter discusses Gandhi’s economic thought, which may be summarized in one word: sarvodaya (literally, welfare of all). Sarvodaya is Gandhi’s clarion call for equality, justice, and altruism. Altruism consists in finding one’s happiness in the welfare of others. Equality does not refer to levelling. Gandhi does not ignore individual differences, but asserts equity and justice as necessary guiding principles for an inclusive community. An inclusive community requires the reconciliation of the two by a viable synthesis suited to the prevailing conditions. Gandhi wished for need-based economic policies and not those that promote greed in people. Gandhi had no interest in economics that addresses only the material side, economics that ignores the spiritual nature of humans. Therefore, all economic issues need to be considered from a relevant ethical perspective.
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