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F.4.2 Values Imparted by Modern Education

Suppose the vendor had said that I am raising the price of tea to Rs.10, how would you feel? Most students
said that they would feel cheated. But legally, as long as he has announced the new price beforehand, it is
not cheating.

If a person educated in economics or MBA was there, what would he have said about the tea vendor?

Probably he would have said, “He is a fool; he should increase the price.” And he would justify it by

referring to the Theory of Supply and Demand.

Where would such an educated person might have studied? Perhaps in the best of our business schools
and have done an MBA. So the best of our institutions are teaching this to the best of our students,
through the best of our teachers!

F.4.3 Societal Values

Under what values is the tea vendor operating, when he is not raising the tea prices? It is the value which
says that it is wrong to take advantage of a person, in his time of need or helplessness. And his behaviour
generates a good feeling.

At the time of payment for the tea, there were many people wanting to pay and go. All I did was, paid
Rs.50 currency note and went away before the vendor could return the money. This is the least I could do

to acknowledge the values of that vendor.

Wise societies build their practices and laws which promote values/feelings, even in ordinary
transactions.

F.5 Justice Leads to Harmony

The feeling of justice is experienced or realised at the level of family first. Then it extends to the society

level and gradually to the world family (vasudhaiw kutumbakam).

F.6 Nine Values (Mulya)

There are nine types of feelings or values in relationships.

1. Trust (Vishwas)
2. Respect (Samman)

3. Affection (Sneha)
4. Care (Mamta)
5. Guidance (Vatsalya)

6. Gratitude (Kritagyata)
7. Reverence (Shraddha)

8. Glory (Gaurav)
9. Love (Prema)

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