HS 427 : Essentials of Gandhian Political Economy

Meaning of Political Economy.  Brief critique of mainstream economics.  Gandhian approach to objectives of economic activity.  Economics and ethics. Theory of consumption.  Why and How of village reconstruction.  Approach to agricultural and industrial development.  Economics of khadi.  Concept of Swadeshi.  Views on public finance and foreign trade.  Views on Communism, Socialism, Co-operatives, Planning, and Technology.  The Role of the State.  Theories of trusteeship and decentralization.

Texts/References:

M.K. Gandhi, Industrial and Agrarian Life and Relations, Navajivan Publishing House, 1986.

A.T. Hingorani and G.A. Hingorani, The Encyclopedia of Gandhian Thought, Navajivan Publishing House, 1988.

J.C. Kummarappa, Economy of Permanence, Sarva Seva Sangh Prakashan, 1984.

Pyarelal, Towards New Horizons, Navajivan Publishing House, 1959.

E.F. Schumacher, Small is Beautiful, ABACUS Publications,  1974.

D.F. Ross and M.S. Kanthi, Gandhian Economics, Prasad Publications, 1983.