Mahatma Gandhi and the Economics of Non‐Exploitation

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Abstract
The global society, today, is under serious stress. Among other things, this stress follows from a continuous breakdown of the rules of the game whereby one or two super‐powers have been trying to maintain their hegemony in different parts of the world. As a result, expenditure on armaments and means of human destruction has been mounting. It is estimated that the expenditure on the military in 1978 was 412 billion US dollars. Since then it has accelerated much faster. There is now such a large stockpile of destructive atomic weapons that it can destroy industrial civilisation — the creator of this stockpile — in a matter of hours.

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