The Karma of Capitalism: Why Greed is Not Good for Your Soul Ft Rish Chaudhuri | Sigmacast #7

5 months ago
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Karma capitalism is a term that refers to the application of Indian philosophy, especially Vedanta and the Bhagavad Gita, to business and management. It is based on the idea that corporations can create value and social justice by doing the right thing, and that individuals can achieve inner peace and happiness by following their true purpose and acting ethically. Karma capitalism advocates a balance between materialism and spirituality, self-interest and altruism, competition and cooperation. It also emphasizes the importance of developing the intellect, which controls the mind and body, and managing stress, which affects performance and well-being. Karma capitalism is seen as a response to the failures and excesses of conventional capitalism, which has been corrupted by greed, speculation, and self-interest. It is also a way of adapting to the changing global environment, where Indian-born strategists and academics are influencing corporate transformation.

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