Buddhist economics: oxymoron or idea whose time has come?

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Buddhist economics: oxymoron or idea whose time has come?

Post by Kusala » Fri Mar 21, 2014 9:10 am


"He, the Blessed One, is indeed the Noble Lord, the Perfectly Enlightened One;
He is impeccable in conduct and understanding, the Serene One, the Knower of the Worlds;
He trains perfectly those who wish to be trained; he is Teacher of gods and men; he is Awake and Holy. "

"The Dhamma is well-expounded by the Blessed One,
Apparent here and now, timeless, encouraging investigation,
Leading to liberation, to be experienced individually by the wise. "

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Kim OHara
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Re: Buddhist economics: oxymoron or idea whose time has come

Post by Kim OHara » Fri Mar 21, 2014 10:58 am

Thoughts? Several, not at all well connected:
- The date on that web page is last week but I read about the person and the course last year or even the year before.
- Hesse's Siddhartha (I know, not dharma but dharma-inspired and coming from a Western viewpoint) has quite a lot to say about right livelihood and commercial success.
- The Ethical Investing movement http://www.australianethical.com.au/wha ... investment and http://en.wikipedia.org/wiki/Socially_r ... _investing seems to be a natural fit with Buddhist economics.
- Sustainability may well depend upon us finding and adopting an economic model which doesn't depend on endless growth. In fact, it must - since endless growth, however slow or careful, must hit the limits of the planet some time.


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Re: Buddhist economics: oxymoron or idea whose time has come

Post by soapy3 » Sat Mar 22, 2014 1:44 pm

I don't think an economic system informned by Buddhist values is possible.

The spirit of right livliehood seems to be about doing no harm and being honest. So much of what is manufactured does at least some harm. It also seems like every field one could have a good job in has some "industry fluff" to make it possible for people to make money.

The spirit of Buddhism in my opinon is about learning to want less and less. I think if most people went that way market demand for many things would drop and there wouldn't be enough jobs for people.

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