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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 ...

3/23/16

Here is a basic framework for Gandhian economic analysis when it comes to policy. When we are considering a project with largely economic dimensions, we must examine the means independently from the ends.

We can never say, "Well the ends are so lofty so we may accept the means, whatever they may be." Instead we must ask ourselves, "Regardless of the ends what is the nature of the means? Are the means the right action?" If they are, they will be consistent with truth and nonviolence.

Next we must examine whether the proposed policy leads towards wholeness or towards splitting.

Modern economics, with its idea of raising standards of living leads directly to the splitting of the individual. Work is not meaningful, it is wrongly seen as a "means to an end" and separates the worker aspect of the person from all of his or her self--moral, religious, loving, social, creative, earth-intelligent.

We must only accept policies that move us towards wholeness. Work that uses all of a person's abilities, that enriches their moral and social consciousness would be accepted while work that is demeaning, soul-less and self-defeating such as that under modern economics must be rejected.

This is just a start. But I challenge us all to start implementing it, starting right now! Only then can we see change in our lifetime.

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