Sunday, 20 May 2012

Capitalism with a Caveat -Chanakya way

The fundamental Hindu philosophy talks about Nishkama karma, and basically advises against going after wealth and resources to enhance personal satisfaction. Renunciation is a virtue.

But Chanakya is more practical. As per him,

Dharmasya Moolam Arthah:

Dharmam (Ethical behaviour) is built on the foundation of Resources. 

When a person has not fulfilled his basic physiological needs - Food, Clothing, Shelter, he is not in a position to live ethically or pursue his duty diligently.

Ethical behaviour results in happiness for self and others. And it is money/resources that make ethical behaviour possible.

Thus it is imperative that one strives to generate wealth but share it with others to generate happiness for self and others

This can be viewed as capitalism, with a caveat - share the wealth with others!!

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