Economic development means to get more money and to satisfy senses more and more. This is the modern theory. But Krsna says that to achieve the perfection of life, one should be nirasih. Nirasih means unnecessarily desiring for sense gratification

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"Economic development means to get more money and to satisfy senses more and more. This is the modern theory. But Krsna says that to achieve the perfection of life, one should be nirasih. Nirasih means unnecessarily desiring for sense gratification"

Lectures

Bhagavad-gita As It Is Lectures

Economic development means to get more money and to satisfy senses more and more. This is the modern theory. But Kṛṣṇa says that to achieve the perfection of life, one should be nirāśīḥ. Nirāśīḥ means unnecessarily desiring for sense gratification, unnecessarily. Everyone has got right to live and live nicely. For that purpose there is sufficient arrangement by the Lord.
Lecture on BG 4.21 -- Bombay, April 10, 1974:

Piśācī. When a man is haunted by ghosts, as he speaks all nonsense, he cannot recognize his father, mother or relative.... Sometimes he calls them by ill names. On account of being ghostly haunted. Piśācī pāile.

Similarly, in the conditioned state, under the influence of māyā, we are also talking so many nonsense things, "I belong to this family, I belong to this nation, I belong to this community, my business is this," simply forgetting Kṛṣṇa consciousness. All other business, he will remember, but when he is requested to become Kṛṣṇa conscious, to understand Kṛṣṇa, he doesn't like it. Except Kṛṣṇa consciousness, he will take all responsibility and work hard for that purpose. This is called māyā-grasta jīva. So nirāśīḥ, now, to go to our original position, that is called tapasya. Tapasya means to revive our original normal life of Kṛṣṇa consciousness. That is called tapasya. This tapasya is not possible by the cats and dogs or animals. Tapasya is meant for the human being. Therefore the human life is called durlabha-janma. Durlabhaṁ mānuṣaṁ janma tad apy arthadam adhruvam.

Prahlāda Mahārāja said,

kaumāra ācaret prājño
dharmān bhāgavatān iha
durlabhaṁ mānuṣaṁ janma
tad apy adhruvam arthadam
(SB 7.6.1)

He advised his class friends, "My dear friends, from childhood we shall learn the science of Bhāgavata-dharma. Bhāgavata-dharma means to reestablish our lost relationship with Bhagavān, the Supreme Personality of Godhead. And this can be solved in this human form.

Therefore education of Kṛṣṇa consciousness should be given from the very childhood, kaumāra. Kaumāra means from the age of fifth year up to the tenth year. This is called kaumāra age. So we have opened our school in Texas. We are training very nicely all these children, and they are very learned. Children, as you teach them, they learn. They are innocent. Unfortunately, we do not give them training about Kṛṣṇa consciousness. We give them education for sense gratification, how you can earn money, economic development.

Economic development means to get more money and to satisfy senses more and more. This is the modern theory. But Kṛṣṇa says that to achieve the perfection of life, one should be nirāśīḥ. Nirāśīḥ means unnecessarily desiring for sense gratification, unnecessarily. Everyone has got right to live and live nicely. For that purpose there is sufficient arrangement by the Lord. Eko yo bahūnāṁ vidadhāti kāmān. There is sufficient arrangement. No living being will starve. There is such arrangement. But when we forget more and more Kṛṣṇa and God, nature will punish. There will be restriction of supply of foodstuffs. That is nature's law.

daivī hy eṣā guṇa-mayī
mama māyā duratyayā
mām eva ye prapadyante
māyām etāṁ taranti te
(BG 7.14)

So present crisis, food crisis...

Everything is described in the Bhagavad-gītā. Bhagavad-gītā does not say that "You live by breathing air." No. Bhagavad-gītā says, annād bhavanti bhūtāni (BG 3.14). Anna. Anna means food grains. There is necessity of food grain. Annād bhavanti bhūtāni. Bhagavad-gītā never says that "you don't require to eat. You simply breathe air and practice yoga." No. But we must eat neither more, nor less. That is recommended. Yuktāhāra-vihārasya. We should not eat more, nor less. And nirāśīḥ. Nirāśīḥ means desireless of extravagance. Now we are desiring for sense gratification more and more. That is not wanted. If you want perfection of life.... This is called tapasya.