13th August 2012
Profit is SACRED. Shubh Labh. But Nehru HATED the mention of the word ‘profit’.
You might have noticed an image on this blog that I created some time ago – a combination of the common Hindu Swastika and “Shubh Labh” or sacred profit, with capitalism.
PROFIT IS HOW A SOCIETY SIGNALS WHAT IT WANTS.
What a free society wants must be surely given the status of the sacred. Profit represents OUR PREFERENCES, OUR NEEDS, our desires. With a few exceptions, fulfilling these needs is the HIGHEST SERVICE.
Serving the needs of others is surely a sacred duty.
But India had the misfortune that its first Prime Minister, Nehru, HATED the idea of profit. A thorough-going socialist, his hatred of FREEDOM was extreme!
JRD Tata once reported: “Nehru once told me ‘I hate the mention of the very word profit’. I replied: ‘Jawaharlal, I am talking about the need of the public sector making a profit.’ Jawaharlal came back: ‘Never talk to me about the word profit; it is a dirty word’.” [Cited in ASSOCHAM’s JRD Tata Memorial Lectures (1998-2009), p.8].
What a sorry situation – that Nehru, otherwise a fine gentleman, did not understand that SERVING OTHERS IS GOOD. Profit is how the society rewards those who serve it.
Please PRAISE PROFIT.
Please RESPECT PROFIT.
If you have to worship something, please WORSHIP PROFIT. That’s better than worshipping Marx.