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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 ...

5/17/16

To heal we must become whole. We must lose our egos until we see that we are one. You are not just you as you think of and see yourself. You are also me. You are also your worst enemy.

As long as we cling on to our sense of 'me' we are limited. From this limited perspective the first step in consciousness is self interest. We recognize, in this limited state of being, the importance of self preservation and self expansion. 

With further development of consciousness we recognize other interest as our guiding principle. This is the second step in consciousness. It leads to acts of kindness. However consciousness does not stop here. 

In the third and highest state of consciousness we recognize that we are one. In this state of one interest there is no separation, only wholeness. 

Gandhiji described this state of one interest in his talks on the Bhagavad Gita at the Sabarmati ashram thus: 

It is in man's nature to do good for all selves are one. Since that is so, the apparent separateness of each self has no significance. When this is realized man's ego melts away. Man's essence, which is the atman, is all-pervading, because he who has realized it will not see himself as different from others, but will see all in himself. For such a person, therefore, doing good becomes part of his nature. When he seems to be serving other creatures, he is doing so not out of kindness to them, but is merely following his own nature. To us who are enveloped in maya, it might seem like he is practicing virtue, but in truth it is not so; he is acting only according to his nature towards all creatures.

What a contrast it is to compare Gandhiji's beautiful description of human nature to that of the modern economist. To have an economics based on the lowest level of human consciousness is to expect very little from ourselves. This is the state that modern economics finds itself in. And what a pitiable state it is! 

We must recognize that the teachings of modern economics are but the first step of human consciousness, that higher states of human consciousness are possible. With the growth of human consciousness into higher states it is possible to have higher states of economics. 

These higher states of economics are what I call Gandhian economics. 

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