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Page 1: Sample Copy. Not For Distribution. · Noteworthy among them is Adam Smith and his book “An Inquiry into the Nature and Causes of the Wealth of ... useful for students, planners

Sample Copy. Not For Distribution.

Page 2: Sample Copy. Not For Distribution. · Noteworthy among them is Adam Smith and his book “An Inquiry into the Nature and Causes of the Wealth of ... useful for students, planners

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Wealth of Mankind

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Publishing-in-support-of,

EDUCREATION PUBLISHING

RZ 94, Sector - 6, Dwarka, New Delhi - 110075

Shubham Vihar, Mangla, Bilaspur, Chhattisgarh - 495001

Website: www.educreation.in

________________________________________________________________

© Copyright, 2018, T Balakrishna Bhat

All rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted, in any form by any means, electronic, mechanical, magnetic, optical, chemical, manual, photocopying, recording or otherwise, without the prior written consent of its writer.

ISBN: 978-93-88381-58-1

Price: ` 415.00

The opinions/ contents expressed in this book are solely of the authors and do not represent the opinions/ standings/ thoughts of Educreation or the Editors.

Printed in India

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Wealth of Mankind

by

T Balakrishna Bhat

EDUCREATION PUBLISHING (Since 2011)

www.educreation.in

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About the Book

This book entitled the wealth of mankind presents a unified

analysis of the important factors which determine our wealth. It

describes the ways for substantially increasing the personal and

national income through improvements in quality, quantity,

rejuvenation, unity and life expectancy. The approach is

quantitative to some extent and has been illustrated with respect to

India, USA and Japan. The inquiry also covers the related aspects

of unity, yoga, spirituality and the roles played by family,

engineers, teachers, emotion builders, farmers, labor, wealth

managers, doctors, non-players, negative players, and other forms

of life and sunlight in shaping our wealth in all its dimensions. This

book is an unorthodox but scientific and comprehensive

presentation of a variety of practical ways to multiply the true

wealth of everyone manyfold within a span of few years while at

the same time nourishing the wealth called mankind and life. Here,

any careful reader with a pencil in his hand will find several

hundred points worthy of being underlined for contemplation and

many ideas worth a try. Those who try are sure to benefit.

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vi

Keywords

Wealth of mankind, quality, production, rejuvenation, unity, yoga,

life expectancy, education, Vedas, Gita, Bhagawatha.

© 2018, Dr. T Balakrishna Bhat

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Contents

Sr. No. Title Pages

1. Preface viii

2. Introduction 1

3. Education 3

4. Work 7

5. Regeneration, Rejuvenation and Loss

Reduction

11

6. Unity and Wealth 15

7. How Wealthy Can We Be? 161

8. Individuals’ Quest for Wealth 173

9. India 217

10. United States of America 227

11. Japan 231

12. Role of Players in the Field 235

13. Thoughts from the Vedas 253

14. About the Author 311

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viii

Preface

Great politicians like Chanakya have described the principles of

wealth. Great philosophers like Thiruvallavar - the author of

Tirukural - have described the ways to wealth. Poets, artists and

saints have described wealth in spirited ways and in great detail.

All economists have explored and explained its base covering

every aspect. Noteworthy among them is Adam Smith and his

book “An Inquiry into the Nature and Causes of the Wealth of

Nations”.

This book entitled the wealth of mankind covers broader

dimensions of wealth. It recognizes wealth to be a

multidimensional entity, which can survive only when pursued in

all its dimensions. It describes five firm steps to a many fold

increase in wealth of individuals, entities and nations. The ways to

improve quality and quantity are described. Details of ways to

decrease degeneration and improve rejuvenation are given. Roles

of yoga & spirituality have been described. Importance of unity in

attaining and retaining wealth is explained and the ways to achieve

unity are presented. Based on an analysis of the existing economic

data, an equation linking life expectancy to income has been

discovered. This equation shows the necessity of attaching great

importance to improved life expectancy in our scheme of things.

Life expectancy appears to be the one parameter which wraps up

all the factors in its fold. Specific illustration of a few countries -

India, USA, and Japan - have been provided. The principles and

ideas presented here are equally applicable to all nations.

This book could be useful to every individual, household,

company, nation and the whole of mankind. It could be particularly

useful for students, planners and leaders.

The author appreciates the great help and valuable suggestions

received from his family members - Shantha Kumari, Vidyadayini,

Chakrapani, Chandrika, Srivatsa, Mythri, Madhav - and his friends

Dr M Vijayakumar, Dr SS Rao and Dr Hans Werner Becker and G

Bharathi while preparing this book in its various stages and parts.

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ix

Without their help, this book in all likelihood, would not have

come up.

This title has also been published in the Amazon recently. But the

present version has some improvements and in particular it

contains some timely thoughts from the ancient Vedas presented as

an additional chapter.

Offering my grateful namaskars to my parents, teachers and God

for constantly guiding me through a truly wealthy life in all its

dimensions part of which have been presented in this book, I end

with a largely experience-based practicable wish for those who

read this book carefully with an open mind and through them for

the whole world:

May everyone be healthy, live long, be wealthy, be well-educated

and skilled, have active work to do everyday through out the life,

be joyful, be peaceful, be a yogi, experience oneness with all and

feel connected with the Infinite.

Dr T Balakrishna Bhat,

FNAE.

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Wealth of Mankind

1

Chapter 1

Introduction

“It is the most important ambition, duty and right of mankind to be

rich and feel rich”

Earth is rich beyond measure, beyond comparison. It is immensely

wealthy. Except when bound by man, even the weakest of the

animals on earth are rich. Of course, when tied down by man, even

the strongest of animals feel miserable and poor. Why are we

humans alone suffering a miserable life and spreading misery even

though we have an instrument of truly unparalleled capacity in the

form of our brain? We have bodies with great abilities. So, really

to be wealthy is our fundamental birth right, it is our most

important duty, it is the most important service or gift which we

can give to ourselves and to one another. This book presents a few

easy steps through which we all can easily attain this goal as

individuals, families and as nations across the globe without

exception.

Chapter 2 is about education, the primary factor which teaches us

the use of our brain to effectively generate true wealth and to

prevent degeneration. It is the fundamental enabler and is a truly

powerful tool. This chapter outlines what simple changes we can

do in our present system to bring about our transformation from

mediocre struggling individuals to perfected specialists and

geniuses. Perfection is the key to quality of work output and

generation of wealth in individuals, families and nations.

Chapter 3 is about work; the extent of work, the intensity of work,

the hours of work per day and the way it is distributed throughout

the year. The number of hours our offices and farms and work-

related investments work every day and the number of shifts

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T Balakrishna Bhat

2

people work in. This is the key factor which controls the quantity

of work and generation of wealth.

Chapter 4 is about the ways for prevention of degeneration, for

decreasing losses and wastages in our life and products of our life,

especially our wealth. To enable regeneration and rejuvenation is

the key approach.

The above three factors together determine the net quantity of

wealth which we generate every year and gradually accumulate.

Chapter 5 is about the state of mind, the state of oneness and the

mutual relationships needed to keep our composure amid immense

wealth over a long period of time, for thousands of years, or in a

way permanently.

Chapter 6 is about the way the above four factors quantitatively

determine the possible increase in our wealth if we follow the main

steps given in Chapters 1 to 5 and take the help of the briefly

indicated auxiliary subset of steps.

Chapter 7 is dedicated to all individuals anywhere in the world

and it lists out what one can do to enhance one’s wealth and

happiness. It includes some insights derived from the ancient Gita,

Yoga Sutras and Bhagawatha.

Chapter 8, 9 and 10 deal with some nations in the world

highlighting their strengths & weaknesses and to what extent their

wealth can be increased compared to their status today and what

could be the dangers and pitfalls in store which should be avoided

by each nation. The ideas presented in this book are universal and

applicable to every nation in the world equally well.

Chapters 11 briefly describes the roles of players in the field such

as family, engineers, teachers, emotion builders, farmers, labor,

wealth managers, doctors, non-players, negative players, other

forms of life and sunlight can play in our ways to wealth.

Chapter 12 presents a glimpse of the thoughts from the Atharva

Veda useful to enhance the wealth of mankind and to preserve life

and the precious treasure called mankind.

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Wealth of Mankind

3

Chapter 2

Education “We have been using less than the full potential of our

brain’s capabilities”

A good step for being wealthy is to be able to use our brain to its

full potential. Education is that necessary step and hence proper

use and deployment of education system holds the key for wealth

generation by changing the form, quantity and quality of our work

and also by improving our behavior.

Nearly the first 20 years of our most active life when the mind is

able to absorb new things easily, are spent in education. Yet when

we come out, often we find that we don’t know what to do except

look to someone to give us some job! In many parts of the world

this job hunt is one of the most stressful stages in life. Further,

when one gets a job one hardly remembers anything out of what

was studied. Even if one remembers a bit, it is not clear. Besides,

apparently very little of what one studied seems to be useable or

useful. So, our education system seems to be leaving us far from

complete. There is a need to rectify the situation.

When we are looking for quality and perfection, can you imagine

accepting a product which is 65% defective, or a product whose

65% parts are defective, or a product which has a probability of

0.65 of being defective? Can we use it with any sense of

reliability? Will the manufacturer of such a product be pleased?

Will the customer of such a product be pleased? No, certainly not;

and yet, this is what our education system has been. A minimum

pass mark of 35% means exactly that. Sometimes it is kept even

lower. Sometimes it may go up to 50%. But all very low values;

meaninglessly low. We must change this at any cost if we want to

be wealthy. We have to train our mind to use itself more.

Minimum pass mark should be at least 95% in each subject.

Teachers who teach should have got even higher percentage,

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