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Hindu Economics

And the art of civilisation

Hindu civilisation in India preceded the ancient civilisations of Egypt, Babylon, Persia, Greece and Rome However the further one travels from India, the weaker its influence and modern humanity more corrupted.

The purpose of this paper is to describe the evolution of money, capitalism and its influence on not only Hindu culture, but on global civilisation.

Introduction

The word Hinduism is a misnomer coined by invaders as a derivation on Hindustan reflecting a failure to grasp the significance of the Hindu way of life although it may be more accurate to say that Hinduism is a term given as part of the effort to break the spirit of India by the most recent invaders, the

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Economics and a Cashless Society

Is money a root of evil?

First, let’s look at origins of money.

Within our earliest cultures, people created things for their personal use as well as for use by the tribe or individuals. Early on in this process, the idea of barter arose allowing people to exchange goods and services in exchange for other goods and services.

There is no doubt that some individuals or even groups of individuals came up with the idea of trade for profit and we know this because traders have been traversing the globe for the past 20,000 years seeking fame and fortune.

Most trade was direct, goods or services for goods or services. With the advent of writing trade began to be

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Debt - The Root of Suffering

And a form of self inflicted harm

It seems that the in today’s known world, every country and most individuals are in debt. This debt is the root cause of human suffering because the debtor is always obliged to serve the needs and wants of the creditor which equates as slavery.

It is thought that money evolved over the past 10,000 years and according to historian Paul Johnson, the lending of “food or seed money” was commonplace in Middle Eastern civilizations as early as 5000 BC leading to the idea of debt. For instance, when one community (group A) or even a family suffers a drought and neighbours (group B) step in providing them with the means of survival

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Economics

The management of resources

Many say money is the root of all evil, but this is not true, of itself, money has no intrinsic value and the real root of evil if it can be termed as such, is the ignorance which leads to differential forms of thinking such as greed.

Fundamentally, the idea of money is an exchange of energy and time. In other words, I give you my time in return for a token of your time or I give you a token of value in exchange for something that I need.

This idea has been around for a very long time and what I thought to be military records have been found in the Indus Valley dating

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