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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 ...


Swadeshi is an idea created by Gandhiji which means starting from who you are and moving outward. As an organizing principle of Gandhian economics swadeshi provides a powerful alternative to classical economics.

An economy based on swadeshi will be

a) Small enough to make it possible for each person in it to be fully conscious of their wholeness and move outward from that point,

b) Simple enough to make accurate decisions based on an understanding of the economy,

c) Sufficient for meeting the needs of the individual and the community.

Swadeshi means small, simple, and sufficient.