Nothing could have spelt out the divergences in perceptions of wealth more clearly than the famous dialogue from the Hindi film Deewar. The bad guy tells the good guy, “I have buildings, cars, cash. What have you got?” And the good guy replies, “I have Mother.”
As definitions of wealth go, it is game, set and match to the good guy. Wealth, like beauty, lies in the eyes of the beholder. A single hen that yields four healthy eggs a day may well symbolise more wealth than 10 that yield eight unhealthy ones. Kautilya, India’s first economist, grasped this 200 years before the Christian era began. It can be anything, he said, like money, grains, precious metals, labour, forest produce, etcetera. ‘The acquisition of wealth is always beneficial if it…
