1.

Why was Gandhiji against nationalization?

Answer»

Opposition to nationalization:

  • Nationalization refers to transferring ownership of resources owned by private individuals to the state.
  • Gandhiji opposed the idea of nationalization of resources for production and abolishing the property rights owned by the private individuals for bringing economic equality in the state.
  • He believed such nationalization would decrease the morals and ethics of people and turn them against the state.
  • Gandhiji opined that he would allow rich capitalists and landlords to retain the ownership of their possessions but would convince them to become trustees and use their wealth for good of the society.


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