Native Economics :

Normally Economics is defined as system associated with Production , Store or Distribution and Consumption . Some define it as Money , Industry and Trade .

Nativist D.D.Raut , President, Native Rule Movement defined Economic as follows :

#Native_Economics is that #Economical_System of #Native_Nation or#Native_State where #Your_Capital is #My_Satisfaction . #NRM

"Native Economics is that Economical System of Native Nation or Native State where Your Capital is My Satisfaction" By Nativist D.D.Raut

It is our thinking that individual person is part of society . Individual activities without social connection means no economics . Individual efforts and activities even accumulate are valueless unless they are usable and for society . Individual has always instinct of Capital acquiring , creating and that condition we call My Capital . But when this Your Capital gets connected it becomes My Satisfaction .

Native Economics involve thus You and Me . You are Individual and Me is Society .

When you create any thing , offer any service , offer labour , expertise , entrepreneur you are this way Capital or Money or Punji . When I , Me , We get it for your value and my satisfaction ,it is trade , or Distribution and when it gets used it is called consumption . This end must result in Satisfaction otherwise , there is no sense in your Capital .

We know Human by Nature is Capitalist ! When he is Consumer , he is Socialist . So Economy rotates or moves from Capitalist to Socialist or Individual to Society . Since Society or nation is bigger than individual society interest by way of consumption need to be looked into for Satisfaction so that consumer consumes and circulate money , capital in return to produce again and more . This is Native Economics . When we come to the term of Nation Nation and Native State with reference to Native Economics or Economy , it is again Country or State now in place of both You and Me and therefore Native Welfare Economics is that system where National Revenue or Taxes and Levies etc are generate keeping in view that individual creation of capital is not hampered by State Laws , Environment and Government Policy but individual is protected in the Larger Interest of Society so that one can participate in Production , Trade and Consumption to the larger satisfaction of Native People and Native Nation or Native State .

There are some terms , which require more explanation and can be discussed further . But for definition of Native Economy this primary explanation is sufficient .

Nativist D.D.Raut ,
President,
Native Rule Movement
#Native_Economics