Economics Of Mahavira ► 04 ► [04.11] Limitation of Individual Ownership and Personal Consumption - Principle of Limitation

Posted: 13.02.2006

The society created by Mahavira was a well-to-do society. It was not a poor and resource-less society. It was a prosperous society that was a result of the wisdom of restraint. At that time, hundreds of persons under a joint family system lived together.

There was a family of Anand, an ideal follower. He put a limit of forty million gold coins to be used to earn interest and forty million gold coins to remain in the depository. He relinquished all that was more than this. He decided to put a limit to his possessions of land, building and cowsheds. A definite limit of the a ccumulated wealth was fixed.

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