Integrating Ethics into Economics

M. V. Nadkarni ()
Additional contact information
M. V. Nadkarni: Institute for Social and Economic Change (ISEC)

A chapter in Issues in Indian Public Policies, 2018, pp 205-225 from Springer

Abstract: Abstract By insisting on small-scale production and decentralisation of economic activity including production, Gandhiji sought to prevent accentuation of inequality, so that we do not have to depend on the altruism of the rich. It is wrong to characterise the Gandhian approach as relying on the altruism of the rich. The trusteeship principle comes only where some centralisation and large-scale production are inevitable. It was the uncontrolled tendency to increase the scale of productivity and to centralise production which created most of the evils of competition, according to Gandhiji.

Keywords: Gandhian Approach; Uncontrollable Tendency; Kautilya; Arthashastra; Large Economic Interests (search for similar items in EconPapers)
Date: 2018
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:isbchp:978-981-10-7950-4_11

Ordering information: This item can be ordered from
http://www.springer.com/9789811079504

DOI: 10.1007/978-981-10-7950-4_11

Access Statistics for this chapter

More chapters in India Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().