Individual is the engine of economy

[22 Jun - krishnarjun @krishnarjun108- @SavitriEraParty sir, what’s your opinion on Hindu nationalism series, do you think my diagnosis and prescription makes sense? View conversation]

[3h - krishnarjun @krishnarjun108 - @SavitriEraParty what’s your main theoretical disagreements sir in the light of Aurobindo's ideas for Indian economy?  http://krishnarjun108.wordpress.com/2012/07/03/guj …- View media] 

Sri Aurobindo, TIlak, Gandhi differ widely in their conception of Swadeshi as an economic philosophy. Circumstances obtaining at the time of the freedom movement have changed drastically and hence reviving the old slogans is not free from hazards. For example, past arrangements like Panchayats and other local bodies may or may not be a desirable feature at present. Further, the notion that the economy can be “directed” or “managed” is itself a faulty worldview.

Individual is the engine of economy. If freedom and rule of law is available to him he turns an entrepreneur, builds networks, and creates wealth. The same is happening all over India now, obviously, with varying degrees. It will continue to be like that. Prosperity comes through people but Govt. tries to take credit. Thus, the Gujarat case study is more on the side of partisan publicity than any substantial growth paradigm strategy. (Views expressed are those of Savitri Era Party and not necessarily made “in the light of Sri Aurobindo's ideas”) [TNM55]  

Organisation and control is the political aspect that is supposed to ensure the goal of freedom and common good. Panchayat is not a natural organization but a duly elected political unit operating at the micro level and equally vulnerable to being monopolized. Besides, politics itself is a game of charisma and maneuvering.

As regards city-states and their rural hinterland, geography and demography will dictate these dynamics. Their mutual symbiosis has many potential ruptures in the Indian context like languages, castes, and eating habits. So, India Shining is still a viable proposition. There is no escape, however, from cyclical downturns and Satyam-like vagaries. [TNM55]