From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Great civilisations: Built on trade, but wary of traders
RSS excerpt
China ranked people in four groups: scholar, farmer, artisan, merchant. Shi, nong, gong, shang. The idea is old, found in the Guanzi. The scholar governs. Farmer grows food. Artisan makes things. The merchant makes nothing. He buys low, sells high and keeps the difference. So, he goes to the bottom…