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By Ajit K. Dasgupta

Gandhi's financial theories have been part of his imaginative and prescient of self-government, which intended not only freedom from colonial rule however the success of self-reliance and self-respect through the villagers of India. parts tested comprise: * intake behaviour * industrialization, expertise and the dimensions of construction * trusteeship and business family * paintings and relaxation * schooling as human capital

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Extra resources for Gandhi's Economic Thought (Routledge Studies in the History of Economics, 10)

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27 But even in the case of goods and services of this kind the observed level of demand did not necessarily indicate the quantum of real need, for demand itself could be determined by supply. Wherever there is a hospital it is bound to be filled up with patients. 28 Elsewhere, especially in his later writings, Gandhi appears to take a rather broader view of ‘basic needs’. The proliferation of material wants is still rejected as a goal. One’s aim should rather be their restriction consistent with comfort, which is less narrowly interpreted than natural want.

Asked if a man can serve his immediate neighbours and yet serve the whole of humanity, Gandhi replied that he can, provided the service to neighbours was not itself exploitative of others. 38 For the same reason, the principle of neighbourhood, according to Gandhi, was neither metaphysical nor too philosophical for comprehension, but just good commonsense, for ‘if you love your neighbour as thyself, he will do likewise with you’,39 and both would gain thereby. 40 It was the choice of commodities, however, that formed the primary concern of the Swadeshi Movement.

An ethical preference) already exists in a latent form and hence that market demand is likely to lag only briefly behind supply. ’82 A great difficulty was the absence of a ready market for khaddar. ’83 After an initial spurt the demand for khaddar failed to show any dramatic rise. Unsold stocks began to accumulate in parts of the country where efforts to increase production of handspun cloth in the villages had been a success. 84 After all, that was how all goods were sold. 85 In his presidential address to the Indian National Congress in November 1924, Gandhi criticised the proposition, ‘that supply follows demand’.

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