Economic Principles of KAILASA


Core principles of the world’s greatest Hindu nation

“Let us understand Sadashiva’s concept of currency, wealth and economy: I am defining wealth as per Sadashiva from Agamas. Your ability to intelligently enrich the society in some form – enriching does not mean only through teaching, it can even be stitching their shoes. Even that is enriching; enriching in some form. Enriching humanity in some form and doing it very intelligently and inspiring humanity to contribute back to you, so you can continue to enrich – that is “wealth”. That is wealth consciousness. That’s the strategy for wealth. 

Currency is modus operandi. The methodology through which interaction and transactions happen, is currency. If the wealth consciousness is awakened in multiple people and you make the currency more current, that is called economy. Understand I have defined these three words – wealth, currency and economy. End of the day just if your existence makes money you will not be bothered about money. Your very consciousness will live wealthy.

The economy Sadashiva is teaching is neither capitalism or communism nor socialism – it is Responsibilism. The responsibility you take that decides the kind of wealth that is going to be around you.”

~His Divine Holiness Sri Nithyananda Paramashivam, 5th Nov 2017, Bengaluru, India

Prosperity of Hindu Civilizations & Culture 

In the 1980s the Organization for Economic Cooperation and Development (OECD) commissioned a study under a famous economic historian Angus Maddison. His monumental research  has shown that between years 1 and 1700 AD, India’s Hindu economy accounted for a quarter to one-third of the total world GDP, but began to decline sharply under foreign rule till in the 1950s their share of world GDP came down to 3 percent. 

Pew Research on religious groups and Wall Street Journal reports that Hindus are  the best educated religious group in the U.S – 77% of American Hindus have a college degree, compared with an average of 27% for all U.S. adults. Hindus are the highest earning community in the US and highest tax paying community in many countries around the world. 

Hindu economic principles – which promote abundance in both the inner and outer worlds and have been proven to create wealthy communities for many millennia – continue to be relevant in the modern world, thus disproving the limited views of economist and socialists such as Weber, Schweitzer and Kapp.

Many core principles of a Hindu economy are outlined as early as in the Rig Veda (X.117.4) and various Upanishads. Subsequently, there were several sources of economic ideas in Hindu texts: Kautilya’s Arthashastra (320 BC), Shura-Neetisaara, Dharmashaastras and other manuscripts penned by Apastambha, Vasistha, Yaajnavalkya and others [1], addressed sophisticated economic principles such as labor theory, supply-demand principles, and scarcity theory of value, among others. 

Introduction to Hindu Economic Principles

Principle of Advaita (Oneness)

For the nation of KAILASASM, many applications of these economic principles are primarily from the Agamas authored by Paramashiva, the original author of the science of yoga and enlightenment. The Agamas can be considered applied science based on the principles in the Vedas and the Upanishads – which is Advaita.  Ishavasya Upanishad says in its very first verse “Consciousness pervades everything”. 

While this may imply that consciousness is the primary reality, and the objects it manifests as are secondary reality, the Veda-Agamas does not imply that the material world should not be taken into account – only that the ultimate reality (paramarthika satya) cannot be ignored and has to be taken into consideration. Which is why Paramashiva discusses wealth and economics in the Agamas. He sees wealth as a core expression of enlightenment, and details a framework to create a superconscious society through an Agamic economy. 

Even sanyaas (monkhood), which means renunciation, means only renouncing one’s personal ties, but involves embracing and taking responsibility for the entire world [1].

Enlightenment based Ecosystem

According to Hindu economics, human goals or Purusharthas are four fold: artha (prosperity or wealth), kaama (pleasures), dharma (cosmic law) and moksha (liberation from the cycle of life and death). Thus, the traditional idea of wealth is only one part of the economic principles. 

Two of the most important aspects that drive Hindu economy are:

  1. Dharma – which can be interpreted as flowing with the cosmic law. Part of dharma is ethics. Hindu economic practices cannot be separated from ethics.
  2. Moksha – realizing our true reality, that we are consciousness, we are in the space of “Oneness” or Advaita. Realizing this state and space of Oneness is described as enlightenment. Functioning in this world while in this space of enlightenment is called “Living Enlightenment” by His Divine Holiness. 

Such a society using Advaita as a strategy for success is an “Enlightenment-based ecosystem”, and the economy is an enlightenment based (consciousness-based) economy. According to Paramashiva, all enlightenment-based ecosystems share certain behavioural patterns. 

People First

Core theme that sets apart KAILASA’s economy is putting people first, ahead of profits and material wealth. This principle derives naturally from the focus on dharma and moksha.

“People are wealth, people are life, people are energy. Finally, people are God! Give everything to people. People bring everything you need. Whether it is basic things like food or things like love, joy, laughter everything people bring in your life. To enrich people, your involvement with people shows your involvement with life .” – HDH Sri Nithyananda Paramashivam

In Paramashiva’s economy in KAILASASM, the people and Paramashiva are co-creators of money, where our ability to be intelligently active and constantly contributing is true wealth. The ability to keep the currency current and moving gives value to the currency.

Core Characteristics of KAILASA’s Economic Practices

Equality and Equal Opportunity for Everyone 

KAILASASM, the Hindu nation, aims to create the largest worldwide enlightenment ecosystem. As a consequence KAILASA’s goal is to establish a thriving economy based on the principles of Oneness and enlightenment for all. KAILASA’s goal is to legitimately prove that an economy operating on Hindu religious principles can generate wealth without exploitation, and create a political-economic framework that can provide equality and opportunity for everyone irrespective of their gender, color, creed, family origin, or any other differences. KAILASA’s economy would operate on the principle of the varnas which says that everyone has equal opportunity to seek the living of their choosing based on their guna-karma. Thus KAILASA is a contribution based economy, where success depends on “responsibilism” – the amount of responsibility one takes for the world.  

His Divine Holiness has followed the practice of conferring the yagnopavita (the sacred thread that in mainstream practice worn only by Brahmin men) not only to women, but to everyone who is initiated, elevating everyone irrespective of their caste, creed, color, background into a seeker of enlightenment. KAILASA will be solidly established in this principle of equality.

Gender Equality

In Hindu economics, women were not only treated equal to men, but often elevated to a higher level. Several references from Atharvaveda (Brahmcharya Sukta) not only refer to the importance of education of women, but also acknowledge their central role in economics and prosperity of a family.

Girls should train themselves to become complete scholars and youthful through Brahmacharya and then enter married life.

Atharvaveda 11.5.18

Oh woman! You know everything. Please provide us strength of prosperity and wealth

Atharvaveda 7.47.2

KAILASASM embraces the philosophy of empowerment of women. His Divine Holiness has worked tirelessly for gender equality not only in the economic society, but also in the spiritual and religious realm. Women will be allowed to be priests in temples, and be able to take sanyaas (or monkhood). These are core and ancient practices of Hinduism as prescribed by Parmashiva in the Agamas. 

As we mentioned before His Divine Holiness follows the practice of conferring the yagnopavita to women also, as per the original Veda-Agamas.

Non-violent and Non-Exploitative

Since flowing with consciousness or cosmic law (dharma) is an integral to KAILASA’s economy, non-violence and non-exploitativeness are core principles. This creates for the first time, an economy where the various identities of a person – their individual, corporate, national or global identities – are not in conflict with each other. 

Ahimsa (non-violence), Asteya (non-stealing), Aparigragha (living with minimal needs) and Satya (living with the truth) have always been vows taken by sanyaasis. KAILASA will hence be a non-violent economy where exploitative industries like drugs or alcohol will not be allowed. Hinduism has always believed in a non-exploitative labor philosophy – workers are not given “wages” but are invested in the outcome. Equitable distribution of wealth based on the value of their skill and input gives them ownership of both the upside and the downside.

Second is the idea of “nonviolent money” where value is created purely based on businesses that enrich people (eliminating any business or economic practice that thrives on fear, greed and exploitation, such as insurance).

These principles also dictate that KAILASA’s economy will emphasize harmony with nature, with animals enjoying certain rights. Companies in KAILASA will be legally required to ensure that their practices are in alignment with nature, and protect the environment for the future.

Enriching & Charity (“Dhaana”)

The KAILASASM economy is built to reward the ability to intelligently enrich the society in some form and inspire humanity to contribute back to you, so you can continue to enrich – that is “wealth”. His Divine Holiness defines wealth based on its ability to circulate and create more wealth. KAILASA will encourage “Lakshmi’s wealth” (money which circulates) vs “Kubera’s wealth” (money that is static).

Charity was an important part of wealth: Rigved (X.117.4) says: “na sakhaa yo na dadaati sakhye sachaa bhuve sachamaanaaya pitvah” (A person is no friend if he does not help the needy; but one who helps is a real friend). In fact, a businessman was not considered successful in Hindu economics unless they shared their profit through charity.

The Taittreya Upanishad (1.11.13) says: Shraddayaa deyam. Shriyaa deyam. Hriyaa deyam. Bhiyaa deyam. Samvida deyam. (Give with commitment. Give generously. Give with humility. Give with respect. Give with understanding.). Swami Vivekananda made the quote from the Upanishads “Atmano mokshartam jagat hitayacha” (personal enlightenment comes from enriching the world) the motto of Sri Ramakrishna Mission. 

The Bank of KAILASA will be structured to incentivize businesses that follow the practice of enriching the world and giving back to the society. Ancient Hindu practice was to give a percentage of income back to charity. KAILASA will actively encourage such a practice.

Key Benefits of KAILASA’s Economic System

Free Education

An important core principle of KAILASA’s economy (as specified by Parmashiva in the Agamas) is that anything that increases in value by being shared should be freely available to all e.g. education, open-source software. That way the growth of the individual and the growth of the society is directly aligned. 

This translates into the idea that “Knowledge is Free”. The government of KAILASA will take up full responsibility for everyone’s education (not just children). The Agamas say that fees paid for education comes from gratitude, a very important concept that “pays it forward” in the society. Those who gain from education give from the space of gratitude. Gratitude is an important aspect of KAILASA’s economy. In fact, today those who give with gratitude for what they have gained are truly kings of the modern world, as they have taken on the role of monarchs of ancient times.

Holistic Healthcare & Food

Paramashiva says in the Agamas that anything required for day to day living and lifestyle should be created in a self-sufficient way in a healthy economy. In KAILASASM this applies to  healthcare, clothing and food. Self-sufficient economies do not outsource their basic needs. But in the modern consumption-based economy, outsourcing things like food has led to creation of dependence of the society on food-like products, which leads to poor health. Traditional Hindu economy had two layers – sangha nidhi (wealth from the ocean) and paduma nidhi (wealth from the ground). Ground based wealth can be metal or grain. 

KAILASA’s economy will focus on gold and grain. Grain will be an important part of the economy and can be traded for just like money. Modern society has created an imbalance in two ways – rampant consumerism has replaced food with food-like products, which has led to devaluation of grains and also plunging health. By elevating grain to the level of importance of gold, KAILASA will automatically create self-sustaining ecosystems where health is of highest priority.

Modern medicine focuses on sickness and cure – doctors are rewarded when they cure sick people, so they do not have immense incentive to keep people healthy in the first place. KAILASA’s economy will focus on holistic health and preventative care while being in harmony with nature. Modern medicine treats diseases as isolated bio-mechanical systems, without considering the human being. KAILASA’s health care will consider people as conscious beings which treat them holistically. This is a very important part of the “people-based” economy.

Investments and Innovation

In fact, the key insight here is that the fiat-currency model has been exported to both education and healthcare in this world leading to exploitative economies. In Paramashiva’s economy, currency only comes into play for projects that require the coordination of people and resources for long-term investments. But this currency should be based on contribution – trading time and energy to create money and ownership and responsibility should be distributed throughout the system.

As a result, KAILASA’s economic policy should encourage enormous investments in long-term projects, spur unlimited innovation in technology, arts, medicine, manufacturing, farming and other areas, much like it did in the past, creating innovators like Baudhayana (mathematics), Aryabhatta (astronomy), Brahmagupta (mathematics), Varahamihira (hydrology, geology), Nagarjuna (chemistry), Susruta (surgery) and others.

Beyond the -isms of Economics

Hindu economy is neither capitalism or socialism, nor is it communism – it is a realistic economic system for the modern day. It is not capitalism in the sense that it does not allow for all aspects of life to be commercialized by profit enterprise (e.g. education is  free, and health care is non-exploitative). It is not communism where everyone is rewarded the same irrespective of what they do. It is a contribution based economy, based on “responsibilism”. 

Other economic theories are based on infinite consumption. They treat people as objects to be exploited. Hindu economic principle considers people as conscious beings, catering to their enlightenment while ensuring their success both in the inner world as well as the outer world.

Conclusion

KAILASASM, an economy based solely on Hindu principles, is aiming to recreate the enlightenment ecosystem that is described in the Veda-Agamas, which fueled the unprecedented economic abundance experienced by ancient Hindu civilizations. 

Where Paramashiva embodies and incarnates on Earth, the place where He lives is called KAILASASM. The latest incarnation of Paramashiva is His Divine Holiness Bhagavan Sri Nithyananda Paramashivam. His goal is to create a superconscious society through liberating economic practices outlined in the Agamas. These principles form the backbone of the Hindu Nation of KAILASASM, which focuses on consciousness based economic principles which emphasizes “people first”  ideologies such as non-violence, harmony with nature, equality, equal opportunity, women’s empowerment, charity and gratitude. The hallmark of such a system would be free education, holistic health and food, prosperity and enlightenment for all.

References

  1. M. V. Nadkarni, Hindu Economic Philosophy, https://www.mvnadkarni.com/files/Hindu%20Eco%20Philosophy.pdf
  2. H. D. Vinod, Editor, Handbook of Hindu Economics and Business, April 2013.
  3. M.V. Nadkarni, Ethics for our Times: Essays in Gandhian Perspective: Second Edition, Oxford Press
  4. Bhagavad Gita
  5. Upanishads
  6. Shiva Agamas

Disclaimer:

Unless specifically stated otherwise, nothing here is to be deemed an offer, solicitation, endorsement, or recommendation to buy or sell any general or specific product, service or security and should not be considered to constitute investment advice.

His Divine Holiness Bhagavan Nithyananda Paramashivam (HDH)  is not part of nor any sort of representative or agent of the Reserve Bank of KAILASA and/or its affiliates. The Reserve Bank of KAILASA is grateful for HDH’s spiritual guidance and vision for Humanity towards the development of its foundational policies.

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