The Economy of Permanence: A Quest for a Social Order Based on Non-violence (स्थायी अर्थतन्त्र)

Economy of Permanence

which rise so that you can hardly see them. I bet you cannot fly lead kites". No
doubt, the learned professor is correct in his own simple laboratory under
artificial conditions, with vacuum tubes where there is no air resistance; but
the boy's simple words are wisdom in the outside complex world as it is found.
There are a hundred and one condition that enter into the consideration of any
problem. For a proper valuation, all those prevalent factors have to be taken
into account before deciding. Often values in least evidence are the more
lasting, while those that are most obvious-like money values-are the least
important from other considerations.

A Professor of Economics will say that price mechanism controls supply and
demand, the cheaper the article the greater the demand and so on. Is this
always true? In the outside world 'the economic man' does not exist. A woman,
who wishes to buy a saree, does not call for the cheapest article. She has her
own ideas of colour-combination, texture etc., and she would purchase that
which fulfils most of her notions. Similarly, a prince who prides on being
exclusive, may buy up a whole stock of ties of the same pattern that a dealer
may have, so that no one else may be seen wearing a tie like his. Again, a
petroleum company may buy up a patent of a vegetable oil burning lamp paying
a fabulous price for it, and leave the patent unexploited in a pigeon hole in its
office, to prevent anyone else bringing out a lamp that may adversely affect
the sales of its kerosene oil by creating a demand for a substitute. Such and
many other deviation from the academic standards of economics there are that
vitiate our unconditional acceptance of them.

The criterion used will have to suit, not only the particular case but should also
fit into the economy as a whole. A person garbed in the western style may hold
that Khadi at Re. I a yard is expensive while mill cloth sells at As. 12 a yard.
Here the criterion ignores the setting. The Khadi lover, if a villager, will have
grown his own cotton, gathered it, cleaned and spun it in his leisure time and
had it woven by his neighbour-the village weaver. He will wash his own clothes,
sit on the floor and have such other habits as fit into the village economy as a
whole. While the critic may have to pay heavily for tailoring charges of his suit

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