Question 1(a) · 10 marks · 138 words written
Opening · a quotation
"Earth has enough for everyone's needs but not enough for anyone's greed"
Body · points and prose
- Mahatma Gandhi
Limitless profit - Basic Human nature
Utilitarian philosophers like Bentham believe that there is innate desire in human beings to pursue limitless profit.
However the example of soldiers like Vikram Batra and works of reformers like Baba Amte shows that human beings are capable to look
beyond profit. This provides the basis for pursuing ethical capitalism.
Possibility of pursuing ethical capitalism
There is a possibility to censure our greed (lobh) with care, compassion, empathy-
(1) TATA memorial hospitals in all areas where TATA factories work.
(2) During independence movement Ghanshyam Das Birla supported national movement looking beyond profit.
(3) philanthropists like Azim Premji have shown the way to altruistic capitalism.
Close · a framework
Altruistic capitalism paves the way for Gandhian vision of trusteeship to come true.