Concept of Socialism
Gandhian economics brings a socialist perspective of overall development and tries to redefine the outlook of socialism. Gandhi espoused the notion of “trusteeship” which centered on denying material pursuits and coveting of wealth, with practitioners acting as “trustees” of other individuals and the community in their management of economic resources and property. Under the Gandhian economic order, the character of production will be determined by social necessity and not by personal greed. The path of socialism should only be through non-violence and democratic method and any recourse to class-war and mutual hatred would prove to be suicidal.
Read more about this topic: Gandhian Economics
Famous quotes containing the words concept of, concept and/or socialism:
“Jesus abolished the very concept of “guilt”Mhe denied any cleavage between God and man. He lived this unity of God and man as his “glad tidings” ... and not as a prerogative!”
—Friedrich Nietzsche (1844–1900)
“Teaching Black Studies, I find that students are quick to label a black person who has grown up in a predominantly white setting and attended similar schools as “not black enough.” ...Our concept of black experience has been too narrow and constricting.”
—bell hooks (b. c. 1955)
“If Socialism can only be realized when the intellectual development of all the people permits it, then we shall not see Socialism for at least five hundred years.”
—Vladimir Ilyich Lenin (1870–1924)