Description
Gandhi's economic theories were based on the idea that self-government meant not just freedom from colonial rule, but the achievement of self-reliance and self-respect by the villagers of India. He believed that the villagers should consume only what they need, and that they should not rely on outside sources of income. He also believed that the government should not interfere in the private sector, and that industrialization should be slow and gradual. In terms of industrial relations, Gandhi believed that workers should be treated as trustees, and that they should not be allowed to strike. He also believed that education should be used to improve the human capital of the villagers, so that they can compete in the global marketplace.
Gandhi's economic theories were a part of his vision of self-government, which meant not just freedom from colonial rule but the achievement of self-reliance and self-respect by the villagers of India. Areas examined include: * consumption behaviour * industrialization, technology and the scale of production * trusteeship and industrial relations * work and leisure * education as human capital
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