->ClueBot NG: Reverting possible vandalism by 182.64.123.42 to version by 125.99.163.25. Report False Positive? Thanks, ClueBot NG. (4106706) (Bot)

2022-01-11T11:54:14Z

Reverting possible vandalism by 182.64.123.42 to version by 125.99.163.25. Report False Positive? Thanks, ClueBot NG. (4106706) (Bot)

← Older revision		Revision as of 17:24, 11 January 2022
(No difference)

125.99.163.25: /* Influences */

2021-11-16T19:17:51Z

Influences

New page

{{otheruses|Trusteeship (disambiguation)}}
'''Trusteeship''' is a socio-economic philosophy that was propounded by [[Mahatma Gandhi]].<ref name=kelekar> M. K. Gandhi, Compiled by Ravindra Kelekar, Trusteeship, April 1960, Printed and Published by : Jitendra T. Desai Navajivan Mudranalaya, Ahemadabad-380014 India, {{ISBN|81-7229-091-8}} </ref> It provides a means by which the wealthy people would be the trustees of trusts that looked after the welfare of the people in general. This concept was condemned by socialists as being in favor of the landlords, feudal princes and the capitalists, opposed to socialist theories.<ref>{{cite book|author1=Mia Mahmudur Rahim|author2=Sanjaya Kuruppu|editor1-last=Franklin|editor1-first=Ngwu|editor2-last=Onyeka|editor2-first=Osuji|editor3-last=Frank|editor3-first=Stephen|title=Corporate Governance in Developing and Emerging Markets|date=2016|publisher=Routledge|location=London|url=http://www.tandfebooks.com/isbn/9781315666020|chapter=Corporate Governance in India: The Potential for Ghandism}}</ref>
Gandhi believed that the wealthy people could be persuaded to part with their wealth to help the poor. Putting it in Gandhiji's words "Supposing I have come by a fair amount of wealth – either by way of legacy, or by means of trade and industry – I must know that all that wealth does not belong to me; what belongs to me is the right to an honourable livelihood by millions of others. The rest of my wealth belongs to the community and must be used for the welfare of the community."<ref name=kelekar/>
Gandhi along with his followers, after their release from
prison formulated a "simple" and a "practical" formula where Trusteeship was explained. A draft practical trusteeship formula was ''prepared by Gandhi’s co-workers, Narhari Parikh and Kishorelal Mashruwala'' and it was fine-tuned by M.L. Dantwala.

==Influences==
The founder of the [[Tata group]], [[J.R.D. Tata]] was influenced by [[Gandhi's]] idea of
trusteeship. He developed his personal and professional life based on this idea.<ref> Dr. Sundar SARUKKAI, Friday, 27 May 2005, 'The Idea of Trusteeship in Gandhi and JRD Tata hi rancho' </ref>

==See also==
*[[Gandhism]]
*[[Gandhian Socialism]]

==Footnotes==
{{reflist|2}}

{{Mohandas K. Gandhi}}

[[Category:Political history of India]]
[[Category:Gandhism]]
[[Category:Indian political philosophy]]

{{polisci-stub}}

Trusteeship (Gandhism) - Revision history

->ClueBot NG: Reverting possible vandalism by 182.64.123.42 to version by 125.99.163.25. Report False Positive? Thanks, ClueBot NG. (4106706) (Bot)

125.99.163.25: /* Influences */