Leadership Through Spiritual Economics: The Sustainable Model in the Post-Covid World

Bidyut K. Sarkar
Additional contact information
Bidyut K. Sarkar: Founder-Managing Trustee, Prof. S. K. Chakraborty Memorial Trust

Chapter 29 in Leadership After COVID-19, 2022, pp 519-537 from Springer

Abstract: Abstract Leadership determines the outcome in a crisis. To be sustainable it must be based on perennial principles. This chapter defines spiritual economics based on the eternal concepts of Vedanta and differentiating it from religious economics, establishes its efficacy in the light of the shortcomings of the conventional economics. The notion of sustainable development is delineated as per the definitions of WCED and in the light of this philosophy. An attempt is made to establish that this spiritual economics can make the development really sustainable. In this backdrop, this chapter investigates whether there has been any suitable time-tested leadership theory which can support this endeavour. Given this interconnected background of spiritual economics and sustainability, the chapter examines whether and to what extent this evolving concept can be applied in the present Covid-19 induced pandemic whose all-encompassing impact has made the world increasingly volatile, uncertain, complex and ambiguous (VUCA). This chapter presents many representative illustrations and opines that the socially responsible Rājarshi leadership concept can be an Indian response to the world crisis, which can bring some peace and order in the chaotic post-Covid-19 world.

Keywords: Spirituality; Leadership; Sustainability; Economics; Rājarshi; Pandemic; Philosopher-king; Management; Peace (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-030-84867-5_29

Ordering information: This item can be ordered from
http://www.springer.com/9783030848675

DOI: 10.1007/978-3-030-84867-5_29

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().