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Global Perspectives on Indian Spirituality and Management

The book “Global Perspectives on Indian Spirituality and Management – The Legacy of S.K. Chakraborty” edited by Sanjoy Mukherjee and Laszlo Zsolnai, was published by Springer in 2022.

The book is a tribute to the revered Indian management scholar and philosopher S. K. Chakraborty of the Indian Institute of Management Calcutta, the pioneer of Human Values and Indian Ethos in management. The volume brings together a collection of articles from eminent scholars and practitioners from India, Europe, the USA and Australia and investigates the applicability of spiritually inspired business models in Indian and Western contexts.

S.K. Chakraborty (1940–2018)

The book shows that Chakraborty was right in arguing that the mainstream materialistic value orientation of today’s business can hardly be reconciled with any genuine spirituality. The book shows that the dominant understanding of economic rationality – namely, individualistic, self-interest maximization – should be replaced with a much broader notion of rationality. Nobel-Prize-winning economist Amartya Sen suggested that rationality requires subjecting one’s choice of action, including objectives, values, and priorities, to reasoned scrutiny. In this way, spiritually inspired choices and actions may not be incompatible with the demands of rationality. Business actors can rationally pursue objectives based on their spiritual values and priorities.