Gandhi regarded economics as a moral science and laid tremendous emphasis on its ethical aspect. Economics that hurts the moral well-being of an individual or a nation is immoral and therefore sinful. Its goal is not pure material benefit but advancement of humanity on its road to progress by strengthening the character and the development of personality of each individual engaged in such activity. He formulated the economic principles in the context of his design of an ideal social order: a non-violent, non-exploitative humanistic and egalitarian society. The centre of Gandhi’s Economic Thought is man and not the material prosperity or scarcity. He wanted to elevate modern economic philosophy from its materialistic base to higher spiritual plane where actions are by social objectives rather than self considerations. This outstanding volume is bound to blaze a new trail of Gandhian economics. It promises to bring to its readers not only a new understanding of Gandhi but of the world we live in.
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