The book deals with how the subject of duality, namely, Economics, is well accommodated in Vedanta that teaches about non-dual Brahman, the Atman, the Self. The basic or fundamental concepts of economics are taken for consideration in the book "Economics and Vedanta". The objective of considering only fundamentals of economics is that any advanced theories on economics must be based on fundamentals and hence dealing with fundamentals of the subject was felt to be sufficient. Since Vedanta may not be understood in the right perspective, it has been elaborated to a greater extent and it has also been tried to show how Vedanta accommodates economics also and how economics is contained in Vedanta.
For e.g. the topic ‘poverty’ is an important subject in economics and even today eminent economists are interested in eradicating poverty. But in this book, from Vedantic standpoint, ignorance is referred to as poverty and that too ignorance of the non-dual Brahman is referred to as poverty.
The book also explains how to remove the ignorance of the Atma, the non-dual Brahman with the help of Upanishadic mantra-s and Vedantic words of very great Realised Souls.
Management is the act of balancing. It could be compared to the act of a person with a long pole on his hand walking on a tight rope in the mid air. Men, Material and Money form the fundamental resources in the management of business affairs. Act of balancing involves at least two factors of differing options. The very act of balancing is necessitated due to the nature of the world which provides for such options. The world is made up of pairs of opposites such as Success and failure, Profit and loss, Happiness and misery, Right and wrong etc. Hence proper balancing would result in reducing the risk of negative impacts and maximizing probability of desired objectives.
The knowledge of the subject is a prerequisite in any management. In most of the cases, the object is mistaken to be the subject whereas the real subject is the person who is a decision maker generally referred by the word "I". This fundamental awareness evolves itself into "I want this or that". This "I want" which evolved into "I want to start an institution and manage it successfully" paved way to source and manage the various resources to their optimum level. It is clear that successful management depends on understanding the fundamental concepts of creativity.
The Upanishads, otherwise called the Vedanta (the final chapters of Vedic texts) contain abundant information on successful management techniques. They guide the people to attain happiness and avoid misery within one's capacity. Vedas prescribe the actions to be performed, qualifications to be possessed and the results that would ensue. The Vedanta, however, put forth the ways to alienate oneself from the world of miseries and be happy for ever.
In Chandogya Upanishad it is said, "In the beginning there was Sat (Existence) alone, without a second". This Sat is eternal. In the beginning, no second entity was present. The Upanishad continues, "It (The Existent) deliberated; Let me become many; It created the Universe". Thus Sat formed the origin of the world of duality. Once the institution called the world has been created, it has to be maintained and as per the law of nature, created things will have extinction too. Till such time, the Existent, which is eternal, maintains and manages this world and the Vedanta shows how this is done. As the study of macro management helps in the study of micro management, it is certain that the study of Vedanta helps every one in the effective management of things and events in this created Universe. Hence a humble attempt is made in this book to show how Vedanta is the guide to management.
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