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Self-restraint: A Must for World Peace
Samani Aagam Prajna Individual and society or society and individual are interrelated. The status, conditions, power, and economy of an individual influences or is directly affected by status, conditions, power, and economy of a society. Economy is the most important factor which is connected with an individual, family, society and nation. Economics is defined as the study, how human beings allocate scarce resources to produce various commodities and how those commodities are distributed for consumption among the people in the society. Kenyes, the famous economist conceives that economy to be the best which satisfies everyone's desires. For this he has prepared a model of economic development on the basis of macro-economics. According to Ācārya Mahāprajña, this one-sided view of economic development has raised many problems. My attempt in this paper would be to discuss the problems occurring due to one-sided view of economic development and how through self-restraint these problems can be minimized if not totally mitigated. The value of self-restraint is not only spiritually beneficial but it's a panacea to build the peaceful, moral and harmonious society and nation.
Concept and problems of One-sided Economic Development
The main objective of economics is human welfare through economic progress. For that, modern economics advocates the principles of increasing wants. In support of increasing wants the following arguments are advanced':
1. With increase in wants, man gets maximum happiness and satisfaction. 2. Increase in wants is helpful in the development of culture and improvement in the standard of living.
3. Increase in wants leads to creation of more wealth.
