Politics without Economics is useless


At a glance

TLDR: The 28th command from the Guru advises studying statecraft and politics, but often overlooked is the crucial role of economics in nation-building. Economics goes beyond money management; it explores human behaviour, incentives, and choices. Understanding and managing economics are vital for societal development, survival, and individual financial success. For the Khalsa, studying economics aligns with the Guru's mandate and helps in understanding the world, avoiding manipulation, and addressing threats.

Updates:

  • A handful of Sangat have been coming forward to sign up for Bunga Azaadi. This week interviews are now being conducted. If you would like to sign up, remember the deadline for the first cohort is 31st July. For more info: www.azadism.co.uk/bunga
  • To encourage applications (which consists of writing summaries of each section of the Azadist Manifesto), I have dropped the price you can purchase a paper copy by to £7 till the end of this month also: Amazon: Azadist Manifesto: Economics of a Sikh State (This change should go live in next few days)
  • Alternatively, can still read/listen for free online.
  • This weeks Instagram post:  Azadism (@azadism_official) | Khalistan's Currency (?)


Politics without Economics is useless

The 28th command from the Guru to his Khalsa encourages us to study the art of statecraft and politics*. However, discussion of this topic within the Panth often misses a crucial element to nation building that forms the very bedrock of determining the success of a people. This crucial component  is the field of economics.

‍Economics is often reduced to the study of wealth and money management of a nation, however, this often misses the more fundamental questions it seeks to address. It is an inquiry into the study of human behaviour itself. Economics looks at incentives that drive human beings, it seeks to understand why we make certain choices over others. Money is an inseparable part of life whether we like it or not. Therefore, economics is often conflated with monetary matters since money drives so much of our decision-making. Through money we trade, offer gifts, command labour and attain power. Money is not just the paper notes or metal coins, it is a symbol representing value. Through exchanging value we sustain what is known as the economy. What one person values more is obtained by giving up something they value less. But how this is managed in a society is pivotal for its development and more critically –  its survival.

Fall of Rome

Without a functioning economy empires collapse, people starve and hell manifests on Earth. The worst atrocities imaginable occur when basic needs can no longer be met. Understanding economics allows us to avoid these catastrophes and answer questions such as: how best to remove poverty? Why are some nations richer than others? What environments allow for maximum innovation? How should a government be structured to ensure the human rights of all can be protected?

On an individual level, the study of economics can be invaluable in building and securing wealth. Recognising how money works and how different types of policy can increase or decrease prosperity can help navigate one to financial and political success. Understanding the inflationary nature of the money supply and the subsequent decrease in purchasing power leads to an appreciation of the value of investing rather than just saving. Becoming cognizant of how to play this game can grant financial freedom, allowing people to change focus from simply chasing money to letting it chase them, thereby allowing time to concentrate on more meaningful endeavours in life.

As well as the potential financial benefits, the psychological aspects are perhaps even more important. Through adopting an investor mindset, a lower time preference is achieved where an individual is willing to forgo pleasure now in order to reap a bigger reward later. This helps develop a necessary long-term mindset that the Panth seems to be lacking especially. By permeating the study of Economics, we are able to transition from a community that is reactive and responds only when there is an imminent threat or a tragedy (even this is ineffective most of the time), to one that is proactive and already has the necessary systems in place to both avoid and mitigate the harmful effects of such events. As well as this, not only does studying economics allow us to meet the above mandate from our Guru, but for the Khalsa this study allows us to better understand the world around us in order to avoid manipulation and exploitation. One of the most recent examples of this being the Kisaan Morcha in India. Additionally, learning how economics really works may help Sikhs save themselves from both external and internal threats.


Extra

*Since writing this part of the Manifesto I was told that there isn't really any historical evidence for the 52 Hukams being a legitimate source. Personally, I have no clue, nor does it really bother me too much. As I elaborated on in previous writings so far, Itihaas is more than just the historicity of events. Regardless if this source is legitimate or not, the meaning still holds especially for this particular edict as evidenced by Guru Sahibs extensive attempts at nourishing such study in their Darbars.  

To see how Azadism can be applied to assess the Kisaan Morcha, visit: www.azadism.co.uk/kisanmorcha


No questions from last week, but let me know if there any questions about today's post that I can answer for next week!

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