Major Sections
Integral Humanism

INTEGRAL HUMANISM - CHAPTER 4

Professor Vishvesaraya has said in one of his books, that while considering the system of production one must take into account the seven 'M's. These are man, material, money, management, motive power, market and machine. The skill and ability of the workers or those who should be provided with work must be considered. Easy availability of the required raw material. and the quality and properties of the raw materials available cannot be ignored. We must also think of how much money is available as capital. How this capital can be increased and at what rate? How best it can be utilized for maximum production? How much of it should be put in the fixed assets and how much should be kept in the liquid form? We must also pay attention to the form of power available in the country in addition to the human and animal labor. Wind, water, steam oil, gas, electricity and atomic power can supply the motive power. Of these, which form of power can be obtained in what quantity and without being uneconomic must be thought of while deciding upon our methods of production. In the same way managerial skills are also important and deserve the attention. If the ability to co-ordinate the efforts of a dozen workers is wanting, all of them will remain unemployed. It is also necessary to think of the usefulness of the goods produced to the society. This means that production of any particular commodity cannot be justified economically without the consideration of the market it commands. Taking into consideration all these factors we should design suitable machines. Instead, we find now-a-days that we install the machines first and try to coordinate all other factors afterwards. Other countries of the world did not progress in this fashion. Otherwise new machines would not have been invested. We are importing the machines and hence, we have little knowledge. We shall have to develop a Bharatiya technology.

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About Chapter 4
Integral Humanism Pg1
Integral Humanism Pg2
Integral Humanism Pg3
Integral Humanism Pg4
Integral Humanism Pg5
Integral Humanism Pg6
Education - A Social Responsibility
Guarantee Of Work
Capital Formation Pg1
Capital Formation Pg2
Capital Formation Pg3
Man's Place In Economy
Socialist System Is A Reaction
State's Claims On Individual
Our Economic System Pg1
Our Economic System Pg2
Our Economic System Pg3