Perestroika and Gandhian Economics
Romesh Diwan
(Department of Economics, Rensselaer Polytechnic Institute, New York)
Suresh Desai
(School of Business Administration, Montclaire State College, New Jersey, USA)
525
Abstract
Perestroika is defined and the type of economic change it implies is considered. Its potential for realising its objectives is assessed by evaluating various principles of Gandhian economics. Perestroika relates well to swadeshi equality, non‐exploitation and bread labour. It has some elements of aprigraha but completely lacks trusteeship. It is this lack of the principle of trusteeship that may be its undoing.
Keywords
Citation
Diwan, R. and Desai, S. (1990), "Perestroika and Gandhian Economics", International Journal of Social Economics, Vol. 17 No. 5, pp. 4-17. https://doi.org/10.1108/03068299010143752
Publisher
:MCB UP Ltd
Copyright © 1990, MCB UP Limited