Ancient Indian Trade and Commerce: The Civilisational Ethos of Trade, Labour, and Livelihood
Partha Majumdar
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Ancient Indian Trade and Commerce - The Civilisational Ethos of Trade, Labour, and Livelihood is a profound exploration of India's economic and philosophical heritage, uncovering how ancient trade was deeply interwoven with ethical governance, spiritual values, and sustainable development. Moving beyond a linear account of historical transactions, this book presents a civilisational narrative-one in which commerce, statecraft, and dharma were inseparable elements of social organisation. Drawing from Vedic texts, the Arthashastra, Buddhist and Jain traditions, and archaeological evidence, the book takes readers on a journey from the early pastoral economy of the Rigvedic period to the transcontinental trade networks of classical India. It reconstructs the daily rhythms of agricultural life, the structure of guilds (shrenis), the evolution of trade routes like the Uttarapatha and Dakshinapatha, and the cultural syncretism fostered through India's interactions with Southeast Asia, China, the Middle East, and Europe. Key chapters highlight how concepts like Varta (livelihood-based economics), Aya Sharira (sacred labour), and the Marga system (paths of ethical and spiritual progress) created a holistic framework that governed economic life. These frameworks were not abstract ideals-they were codified in legal, educational, and infrastructural systems. Farmers, artisans, merchants, and teachers all participated in a decentralised economy anchored in local self-reliance and global exchange. The book also delves into the role of public infrastructure, such as roads, water bodies, and rest houses, which were planned with both aesthetic and ethical considerations, as seen in Kautilya's vision of rajadharma. Guilds regulated trade and production while also serving as vocational schools, banks, and welfare institutions. Weights and measures were standardised with a sense of fairness and cosmic order, revealing the scientific spirit embedded in ancient Indian commerce. This work is both scholarly and accessible, ideal for readers interested in history, economics, philosophy, or Indian knowledge systems. It is enriched with textual analysis, cultural insights, and modern reflections-offering a timeless blueprint for economic ethics, sustainability, and civilisational renewal. It challenges modern assumptions about development and presents an indigenous, dharma-centric alternative to materialist economic models. In an era marked by environmental crises, inequality, and cultural disconnection, Ancient Indian Trade and Commerce invites readers to rediscover an economic vision that honoured balance over exploitation, community over individualism, and sustainability over short-term gain. It is a reminder that India's greatest strength has never been in isolated wealth or conquest, but in its ability to create systems where prosperity, wisdom, and virtue coexisted. As India rises again on the global stage, this book offers a compass rooted in its civilisational soil. It calls us not to imitate the world but to lead it with memory, meaning, and moral clarity.