Gandhian Economics: Difference between revisions

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Revision as of 18:07, 25 October 2011

Description

"Gandhian economics is a school of economic thought based on the socio-economic principles expounded by Indian leader Mohandas Gandhi. It is largely characterised by its affinity to the principles and objectives of nonviolent humanistic socialism, but with a rejection of violent class war and promotion 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." (http://en.wikipedia.org/wiki/Gandhian_economics)