3 Review(s)

About The Book: When this book was published for the first time in 1962, Shri Jaiprakash Narayan wrote in the introduction that this book, written on such an important subject as socialism by a business tycoon, should be welcomed. He expressed some reservations about the slightly unorganised structure and a few digressions in the book. In order to remove these shortcomings, the manuscript of the book was given to me by my friend Kamal Morarka (the son of the author) before the present edition was printed. I have tried to do this job to the best of my ability, yet I have taken care that the basic content of the book does not suffer even a scratch. , While editing the book, I felt how nice it would be if this book was prescribed in schools and colleges as a textbook of economics. If students have to take the help of a foreign language to learn the knowledge of trade and commerce in which our country and our languages were very rich, then it would be as ridiculous as ‘carrying coals to Newcastle’. But, unfortunately, this is the present trend, wherein the efforts should be to teach not only economics, but all disciplines of knowledge and the sciences in our own languages. By doing this not only the needless waste of the time and energy of the students could be avoided, but at least onethird of the time would be saved in the curricula related to medicine and engineering. But this realisation has not yet dawned on the intelligentsia and educationists of this country. They are all caught up in the delusion of the Knowledge Commission of the Government of India. Although we are unable to contribute any original thought, our educational centres have become the junkyards of the world and the scholars coming out of these institutions are but educated indentured labourers for the foreign countries., At this juncture when the book is going to press, this feeling has become all the more acute. The reason for this is that the capitalist system is in such crises that it is difficu