Capitalism in India

Capitalism in India existed long before even Hinduism (the name) came into existence. If you look back into the history from the Mauryans [1] to Guptas period [2] (which is the only one recorded) reads out loud that the capitalism thrived during these periods.

One can date back to Mahabharata’s [3] and Ramayana where capitalism did existed in a different form. Ramrajya is all about the liberty, freedom and capitalism. The trade of artifacts was entirely done by the producer and no intervention of the government or the ruler was involved. Consumers set the standards of quality and price.

We all know that capitalism, which eventually is a product of liberty and free will, is responsible for the prosperity of the nation providing high quality of life. Humanity cannot sustain with hunger and limitations. We know that those civilisations perished which didn’t adapt to the natural challenges. Similarly the economy which does not have free flow gets stagnated and eventually perishes.

Religion is a social technology which incorporates the moral values and culture in the human society. It facilitates the mass production of human characteristics to incorporate harmony. This is necessary to develop synchronisation of powers. Politics establishes the governance system and encourages and enforces those traits necessary for peaceful conduct of business of exchange which is inevitable.

But the fact is Politics and Religion both are the two faces of the same coin. One cannot exist without other. Politics creates the value and Religion the recognition of the nation. The basic human innate demand is to live in harmony with the nature and his surroundings. All religions has the same goal, teach how to live in harmony. The value system comes from the religion which inadvertently sets the principles for politics. We need to keep this in mind when we address certain groups of Political thinkers and fundamentalists.

[1] http://www.civilserviceindia.com/subject/History/prelims/gupta-efflorescence.html

[2] http://library.thinkquest.org/C006203/cgi-bin/stories.cgi?article=economy&section=history/guptas&frame=parent

[3] http://blogs.timesofindia.indiatimes.com/men-and-ideas/entry/the-dharma-of-capitalism

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