Question

Concept of Trusteeship​

Answer 1

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Answer 2

The main ideas of Gandhiji's 'trusteeship' are as follows:

• The capitalist has to denounce sole ownership and declare that he holds wealth as a trustee of the public.
• A trustee has no other heir but the public.
• The nature of production is decided by the society and not by the individual's choice or greed.
• Just as we decide about minimum wages needed for a modest living, there must be a limit to maximum wage as well