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According to Indira Carr and others, Gandhi was influenced by Vaishnavism, Jainism and Advaita Vedanta. [15] [16] Balkrishna Gokhale states that Gandhi was influenced by Hinduism and Jainism, and his studies of Sermon on the Mount of Christianity, Ruskin and Tolstoy. [17] Additional theories of possible influences on Gandhi have been proposed.
Gandhian economics is a school of economic thought based on the spiritual and socio-economic principles expounded by Indian leader Mahatma Gandhi.It is largely characterised by rejection of the concept of the human being as a rational actor always seeking to maximize material self-interest that underlies classical economic thinking.
Gandhi espoused an economic theory of simple living and self-sufficiency/import substitution, rather than generating exports like Japan and South Korea did. He envisioned a more agrarian India upon independence that would focus on meeting the material needs of its citizenry prior to generating wealth and industrialising.
Wealth is the status of being the beneficiary or proprietor of a large accumulation of capital and economic power. Religion is a socio-cultural system that often involves belief in supernatural forces and may intend to provide a moral system or a meaning to life. As of 2015, Christians hold the largest share of global wealth, at around 55%. [2]
In contrast to the reception of Gandhi's earlier economic plan, this one was criticized for being a "hastily thrown together wish list." [4] Gandhi promised to reduce poverty by targeting the consumption levels of the poor and enact wide-ranging social and economic reforms. The government additionally targeted an annual growth of 4.4% over the ...
Gandhi did not waiver when a South African General by the name of Jan Christian Smuts promised to eliminate the registration law, but broke his word. Gandhi went all the way to London in 1909 and gathered enough support among the members of the British government to convince Smuts to eliminate the law in 1913.
Hence, Gandhian socialism roots for economic social justice by promoting equality for all. [10] Evolving from this ideology, the economic components of Gandhian socialism are centered around Swaraj, resulting from complete economic freedom. This is achieved through self-sufficiency and self-reliance, where, everyone gets an appropriate share of ...
Mohandas Karamchand Gandhi [c] (2 October 1869 – 30 January 1948) was an Indian lawyer, anti-colonial nationalist, and political ethicist who employed nonviolent resistance to lead the successful campaign for India's independence from British rule. He inspired movements for civil rights and freedom across the world.