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Corporate Life in Ancient India

INTRODUCTION

The spirit of co-operation has contributed more than anything else to the present highly developed stage of civilisation. The gigantic experiments in popular government and the huge economic organisations spreading over the whole world, such as we see to-day all around us, have made the modern age what it is. The corporate activity to which they owe their origin and the present high level of success, may therefore be justly looked upon as the distinctive element in the culture of the day. It is rightly believed that no nation that lacks in this essential element of culture can hope to keep pace with the progress of the world.

In consideration of this high importance of corporate life to a nation, I need scarcely offer any apology for the subject matter I have chosen. India at present is very backward in this particular aspect of culture, but the following pages are intended to show that things were quite different in the past. The spirit of co-operation