Analysis of the Social Determinate of Economic views and Opinions by Rabindranath Tagore

Abstract

Rabindranath Tagore (1861–1941) was, in essence, a poet, but one who wrote poetry as well. His contributions to the economic concepts of religion and education, politics and social change, moral renewal, and economic rehabilitation have been outstanding. We covered Rabindranath Tagore's views on sustainable rural development and eco-ethical human livelihood in this post. These concepts were scattered throughout his life in a number of publications. He was not an economist and lacked academic schooling. That being said, he has combined social education with a number of business initiatives. His main contribution was to "rural rebuilding" via cooperative groups, and his applied knowledge of economics has improved the lives of those who are less fortunate. He created a welfare economics model for the underprivileged villages. To incentivize the exporters to promote their goods, he introduced the concept of a "cartel" to artisans. Along with education, he believed that economic advancement was also necessary. All of his real economic activities are significant in his modern era.