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80 : Śramaņa, Vol 65, No. 3 & 4, July-December 2014
4. With increase in wants economic position of the state becomes stronger, as a result of which states become militarily powerful and self-reliant in its own defense.
In order to satisfy these demands of increasing wants Keynes propounded the theory of macro-economics. Consequently, many large-scale industries were established which led to the maximization of output. On the basis of this theory, economic transformation became sharp. So, on the one hand, the establishment of large-scale industries resulted into continual development but at the same time dark side of the scenario is that it has created a great danger for environment. With the large scale cutting of forests and excessive excavation of the earth, entire balance got disturbed. The species, vitally important for the survival into the third millennium are being destroyed. Drinking water is being contaminated by pesticides and chemical wastes, dangerous gases like carbon-dioxide, etc. released by chemical industries continue to widen holes in ozone layer contributing to rapidly increasing global warming. So, today, man is living in a dangerous environment. Secondly, many social problems like corruption, economic disparity, unemployment, poverty, etc. increas. Thirdly, this development has resulted into immoral activities like unhealthy competition, greediness, adulteration, jealousy, violence, etc. In view of all these problems the question arises what is the purpose of all these economic development? Is it only to fulfil our desires, earn profit and be happy without concern for the future generation? In this world each person is related with four P's.
a) Person to Person b) Person to People
c) Person to Planet
d) Person to Profit
