Question

Why would the indian millionaries prefer gandhi to either the communist or socialist?

Answer 1

An understanding of Mahatmanomics is critical to understanding Gandhi and the catastrophically impoverished post-imperial India his legend helped to create.

A word that does not appear in Gandhi’s book is autarky. But autarky — an economic system closed to outside trading partners — was a central principle of Indian economics until the reforms that began in the 1990s began to liberate Indians from poverty by the millions and build a large and growing middle class. This was also profitable for the millenials .

In short it was because of his perspective of socialism.