Mahatma Gandhi and Deendayal UpadhayayA Comparative study of economic philosophies
RESEARCH PAPER Mahatma Gandhi and Deendayal Upadhayay A Comparative study of economic philosophies Yogita Sharma Yashwant Singh Tanwer Abstract Many philosophers throughout the course of time carved various economic theories for the society to follow whatever suits them best. Maidening from the barter system to capitalism by Adam Smith (1776), communism by Karl Marx (1887), mixed economy model of Keynes (1930), Ghandhian economics by Kumarappa (1951), integral economics by Deendayal Upadhayay (1955) and social business by Yunus (2011). Though after the collapse of barter system almost all of the doctrines were profit driven and 10 on 10 theories were aimed to achieve maximum social and individual health and satisfaction. But the two theories which stands out of this spectra are : (a) Ghandhian economics and (b) Integral economics. This study paper will evaluate, compare and define briefly the Gandhian economics and Integral economics and investigate whether these...