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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 ...

5/11/15

Kumarappa, the father of Gandhian economics, said that under British India the poor paid 88% of their income in taxes and received back 12% in Government services. The astonishing fact is that this proportion has not changed in India after independence. The still more astonishing fact is that this proportion holds true for the poor worldwide, from poor countries to America, richest of the rich countries.

It does not take more than a quick calculation to realize that the majority of the world is poor. Not only that but that in each and every country in the world the poor constitute a majority! So when we are talking of humanity we are really talking of the poor. Humanity is paying 88% and getting 12%. Once again it is easily seen that under this system misery must grow. 

So we must accept that misery has grown. This is not theoretical. Unless you are really checked out it is self-evident. We can see it everywhere. And we must accept that misery is growing. 

Humanity was miserable, is miserable and will always be miserable at an increasing rate if we continue as we have for centuries. How can we accept this? How can we accept a system that ensures that humanity will always be miserable? Human life is a gift of Mother nature.Could it be that we have disrespected this gift? That we have lost our dignity by denying humanity its dignity?

Gandhian economics is a simple and honest program to end misery. The poor are humanity! We are the 100%! Let us work together as brothers and sisters to change the world.

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