ABSTRACT

In this chapter, the author explores how Mahatma Gandhi's thinking influenced business ethics in post-independent India and how it can contribute to business ethics beyond South Asia. He provides a review of the literature on business ethics in South Asia. The author explains more fully the trusteeship concept by exploring the building blocks of Gandhian trusteeship and why each of them is critical to the theory. He then conducts an appraisal of trusteeship as envisaged by Gandhi and compares his economic views with the dominant global economic paradigm that started to emerge in the last couple of decades of the twentieth century and that continues to be dominant in the early twenty-first century. Satyagraha is important for Gandhi's trusteeship theory. The author provides concluding remarks on the implications of Gandhi's thinking for research and practice of business ethics in India, South Asia and beyond.