In
Western countries, either a King was removed by some other king or
people rejected the sovereignty of king altogether. There king was a
representative of God and could under no circumstances be removed at
least in principle.
In our socio-political set-up, the
king and the State were never considered supreme. Not only that,
there were other important institutions, (besides the State, which
was only one of them) to regulate and to help carry on the social
life. Those institutions had been organized both on horizontal and
vertical level, i.e. on original and occupation basis. We have
evolved Panchayats and Janapada Sabhas. The mightiest of the king
did not ever disturb the Panchayats. Similarly there were
associations on the basis of trade. These two were never disturbed
by the State; on the contrary their autonomy was recognized. They
devised their own rules and regulations in their fields. The
Panchayats of different communities, shrines, nigams, Village
Panchayats, Janapada Sabhas and such other Organization used to set-
up regulations. The function of the state was mostly to see that
these rules are observed by the persons concerned. The State never
interfered with the affairs of these associations. Thus the State
was concerned only with some aspects of life of the Society.
Similarly, in the economic field many
institutions are created. We have to think what should be the nature
of our economic structure. We must have such an economic system
which helps in the developments of our humane qualities, or
civilization and enables us to attain a still higher level of all
round perfection. We should have a system which does not overwhelm
our humane quality; which does not make us slaves of its own
grinding wheels. According to our concept, man attains God like
perfection as a result of development. What structure. what
regulation should be specified in our economic system if we wish to
achieve this goal? Let us, consider this point.
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