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The four essential principles of Gandhi's philosophy are: Truth, Ahimsa, Trusteeship and Constructive Action. Concept of trusteeship is a socio-economic philosophy propounded by Mahatma Gandhi. This concept is based on the great philosophy of the Sanatan Dharma. According to Gandhiji, economic equality is the master key to nonviolent independence. Working for economic equality means abolishing the eternal conflict between capital and labour.
It means the leveling down of the few rich in whose hands is concentrated the bulk of the nation’s wealth on the one hand, and the leveling up of the semi-starved naked millions on the other.
Gandhiji’s idea of trusteeship serves as philosophical foundation for business and provides requisite moral guidance. Gandhi deals with the concept of trusteeship at four different levels.
Firstly, he talks of Trusteeship as the sole means of continuously redistributing wealth and generation and intelligent use of wealth. This is an outcome of non-violence, for wealth could be redistributed coercively. The greed of many and the resentment of the displaced pave way for social strife. The trusteeship therefore provides the owner the satisfaction of seeing himself as trustees of the wealth of the society.
Secondly, the concept of trustee was based on Gandhi’s practical psychological intuition. Gandhi understood the great value of acceptability in a stable social order. A proper redistribution can only be achieved when the element of fear is no longer is a repealing factor. Fear is weakness that creates an environment of distrust and hiding. This can be countered by a fundamental change by creative, tolerant activity; sense of dignity and courage. The workers realise their importance in society and shed the fear of and distrust of the rich while the latter will no longer feel their existence threatened but would realise their great responsibility towards upliftment of society.
Thirdly, the trusteeship concept could be achieved by implementing in degrees. He was bowed down by the fear of failure considering that if it did fails it would be one of the many conventional social proposals. But it was a success, its strength would be the principle and it would not have the weakness of inflexibility. Another strength of it was that action of a few towards it could break mental barrier which so subdues progress.
Fourthly, the time of Gandhi, as presently, was characterized by spiritual poverty and psychological failure. That made him visualize that the time was ripe for implementing a change.
Gandhi based his system on a simple society but he did not just was biased towards an agrarian economy. Contrary to popular belief he did not reject technology. He never talked against the deployment of machinery and heavy engineering based industry. Rather he believed that technology was good if people needed work. He believed in the concept of appropriate technology and associated self reliance associated with it.
Gandhi advocated the development of village economy through setting up of village industries which would meet the huge demands of rural markets and also ensure jobs. This becomes very significant in light of the huge migration of labour.....
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