This book makes a path-breaking effort to build two bridges. The first bridge is between the Hindu tradition and modern economics. The author holds that the market system is consistent with the Hindu tradition. However, it should be actively controlled by the state in public good. People’s welfare will not be secured spontaneously by the market. Especiall7y, pro-active intervention is needed to generate employment and sacrifice economic growth to some extent in the process. The second bridge is between Hindu tradition and socialist politics. The socialist paradigm does not ensure that the socialist leadership will work in the interest of the people. The only motivation for it to do so would be spiritual growth. ‘Spiritualism’ must be understood as unity with all human beings at a deep level. The socialist leaders may work for social good only when this spiritual objective is placed before them. They can then sacrifice their personal material consumption for social good. The book calls for an end to this schism in the soul of India and builds a new vision that is Hindu, socialist and ,market-oriented at the same time.
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