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Buddhist Economics as a Environmental Movement
”Buddhist Economics” som en grön rörelse
Buddhist Economics - Thailand
At its most basic level economics is about the allocation of a society’s scarce resources. Different theories on how this should be done and the manner in which they resources should be distributed exist. This particular question deals with SEA-centric economies which implicates deviation from a norm. What is the norm, or perhaps more importantly, is there a norm? It is fair to say that Western (capitalist) interpretations of economics are at present dominant. Therefore the starting point is in a quick run-through of its more significant characteristics. Orthodox economics deal with aspects of efficiency, self-regulation, rationality and the like. Inherent is a belief in a “perfect market” which is self-regulatory (with regard to, for example, price due to supply and demand) thanks to the “invisible hand” of the market itself. Furthermore, the Western notions of consumer freedom of action and consumer rationality require free and fair competition to fully function. That all individuals act in “enlightened self-interest” is also basic to orthodox appreciation. In comparing the way in which the above characteristics have manifested themse
Approximate Word count = 940
Approximate Pages = 4 (250 words per page double spaced)
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