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I = S - M

The modern way of thinking about economics has been I = M - S Where I is the I as in me, M is what is 'mine' and S is what ...


Gandhiji said that means and ends are reversible terms. Capitalism is based on the idea that each person pursuing his or her own greed will lead to harmony for society. The idea is that while greed is not our end, it is the means to our end, and so we must accept it as the basis of society. It is for our own good!

In Gandhian economics we reject capitalism because means and ends are not reversible under it. Who would support a system where greed was the explicit end? No one except a very few misguided and disturbed people.

The urgency of adopting Gandhian economics is this: These few misguided and disturbed people are running the current world economic system of capitalism.

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