Abstract
Leadership determines the outcome in a crisis. To be sustainable it must be based on perennial principles. This chapter defines spiritual economics based on the eternal concepts of Vedanta and differentiating it from religious economics, establishes its efficacy in the light of the shortcomings of the conventional economics. The notion of sustainable development is delineated as per the definitions of WCED and in the light of this philosophy. An attempt is made to establish that this spiritual economics can make the development really sustainable. In this backdrop, this chapter investigates whether there has been any suitable time-tested leadership theory which can support this endeavour. Given this interconnected background of spiritual economics and sustainability, the chapter examines whether and to what extent this evolving concept can be applied in the present Covid-19 induced pandemic whose all-encompassing impact has made the world increasingly volatile, uncertain, complex and ambiguous (VUCA). This chapter presents many representative illustrations and opines that the socially responsible Rājarshi leadership concept can be an Indian response to the world crisis, which can bring some peace and order in the chaotic post-Covid-19 world.
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Sarkar, B.K. (2022). Leadership Through Spiritual Economics: The Sustainable Model in the Post-Covid World. In: K. Dhiman, S., F. Marques, J. (eds) Leadership After COVID-19. Future of Business and Finance. Springer, Cham. https://doi.org/10.1007/978-3-030-84867-5_29
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