Despite a government being changed regularly through the democratic elections, we see that prices in shops are increasing faster than our salaries. At the same time, the modern economics has become extermely complicated for a common man to understand. His Divine Grace, A.C. Bhaktivedanta Swami Prabhupada, the founder of the Hare Krsna movement, explains in detail the flaws of modern economy in this enlivening conversation with his disciples.
Prabhupada: The capitalist will take, hold it for some time naturally the price will increase and they will sell it. That system is still going on but it is very dangerously made. People do not bring out the commodity they simply speculate, “I purchased it from you, you purchase it from me,” so the goods are there and transaction is going on. I sell to you, you sell to him, you sell and so on and people do not get the goods. There is scarcity and it is lying somewhere and the speculation is going on.
Syamasundara: Somewhere else.
Prabhupada: Yes. And because the goods are not coming the market is increasing, you see. This rogueism is going on and there are so many banks although I have no money. Suppose I want to purchase one lakh worth of grains. Somehow or other if I have Rs.20,000 the bank will give me 80,000. So the market is increasing, I’m not selling and when it is to my full satisfaction I sell, I pay the banks money and take a large huge profit. This is going on, in every commodity. Things are not coming out it has become gold exchange. But they will sell just at the beginning of the next season.
Prabhupada: Otherwise they will be put into knots. [break]
Syamasundara: No, no as long as you are here I’m not afraid.
Prabhupada: Ah, the population has decreased.
Syamasundara: They have driven them away. Or killed them.
Prabhupada: When there is… Just like you do not go to the forest [indistinct] infested with many animals. Similarly they also do not come to the human society and the bigger population.
Prabhupada: This is the safe, bhayam dvitiyabhinivesatah syad [SB 11.2.37], for forgetting Krsna all the living entities they are afraid of one another.
Prabhupada: That’s all. They have forgotten that Krsna is the centre he is our father. So there is no fear but that they have forgotten. Now, isad apetasya viparyayo 'smrtih, they have forgotten that we are brothers. Therefore fight, we have got equal rights to enjoy the father’s property but no, I am taking more you are starving. And this is going on. Krsna consciousness will solve all these questions.
If everyone has got the right to enjoy father’s property why one should take more? This is the best idea of communism, these things are there in Bhagavata. Bhagavata says whatever is there in the sky, whatever there is on the land and whatever there is on the water they belong to the Supreme Lord. So every living entity has the right to enjoy it as it is allotted by the Lord. This is Bhagavata’s contribution.
Syamasundara: Hm. In other words if a man is born a King he is allowed to enjoy like a King?
Prabhupada: Yes King is to manage these affairs.
Prabhupada: If everything is property of God, you are all sons of God. So King’s business is to see that nobody is encroaching upon other’s property. Nobody is fighting and he equally distributes the produce, that is the king’s duty. He has to see that whether brahmanas are executing their duty, ksatriya’s, vaisyas according to their division, this is King’s duty. To make him Krsna conscious but King is simply interested with the tax. No education, so-called King, and the king is finished, now the people have taken in the name of people’s government but it is an oligarch. It is for the interests of a few men and all of them rogues and thieves just like Gandhi started indigenous manufacture. Buy sell car, by manufacturing one’s own cloth, now that became a show and the government started big big factories owned by capitalists. So Britishers were taking one rupee and eight annas per pair and they are now taking twenty-one rupees eight annas. Twenty times increase, government does not say anything because they are getting tax in different ways, excise tax, sales tax, income tax and the tax is distributed amongst the government servants. People do not get any benefit.
Prabhupada: 20% of the tax collected, they distribute for the people’s welfare and 80% divided, divided by the governors, rajputies, secretaries and government servants—this is the position. One side the capitalist is exploiting and the government is taking tax from them and the government means a few men they are enjoying, that’s it. This is all over the world I can see, and they want that the people should be engaged in fighting in the name of nationalism and they will enjoy that’s all.
They have no good idea for the betterment of the position of the citizens. What we are doing every government should have done it—Krsna consciousness but the rascals they simply plunder the citizens and enjoy. Wine women and flesh—this is the position. [break] [indistinct], they are mlecchas and taking the dress of the king, killing the whole world.
Talk with Lalita Prasad – March 2, 1972, Birnagar