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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 ...

7/13/13

People not labor

Classical economics views labor (L) as human effort. By doing so it splits the human being artifically and separates effort from the person as if that were possible. By focusing on a single aspect of a multi-dimensional whole. it causes much harm. Both to individuals and to society.

Gandhian economics views the person as a whole. Instead of talking about labor we talk about persons and people (P).

We replace the L with a P. With that act we remove the violence done by economics to human souls.