What is the Hindu View of
The economic problems in
India today have largely been caused by the socialist policies of
modern India, which are akin to the economic problems of the Soviet
Union. Socialist countries make individuals dependent upon the state
for their welfare, which suppresses initiative and independence in
the economic life of the people.
Hinduism itself teaches
independence (svatantra) in all domains of life and acknowledges the
validity of the commercial (vaishya) class and its freedom to pursue
prosperity as a valid goal of life. Hinduism teaches the individual
to be self-sufficient and confident of his or her own Divinity. It
does not make the individual subordinate to the state. Similarly it
does not make the individual subordinate to big business but
encourages an organic development of economic resources allowing all
people dignity of work, and maintaining maximum economic
independence for all communities.
The Hindu concept of
Dharma contains an understanding of the proper role and limitation
of the merchant class which should serve society, not rule it,
following the guidance of the great sages and yogis. Commercial
development is alright if it is based upon respect for the Earth,
charity for all people, and respect for the spiritual life.
Otherwise it becomes a curse, as it has over much of the world