Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity

by Maria Popova “Work and leisure are complementary parts of the same living process and cannot be separated without destroying the joy of work and the bliss of leisure.” Much has been said about the difference between money and wealth and how we, as individuals, can make more of the latter, but the divergence between the two is arguably even more important the larger scale of nations and the global economy. What does it really mean to create wealth for people — for humanity — as opposed to money for governments and corporations? That’s precisely what the influential German-born British economist, statistician, Rhodes Scholar, and economic theorist E. F. One of the most compelling essays in the book, titled “Buddhist Economics,” applies spiritual principles and moral purpose to the question of wealth. “Right Livelihood” is one of the requirements of the Buddha’s Noble Eightfold Path. There is universal agreement that a fundamental source of wealth is human labor. E.F. Thanks, Jocelyn

Ethical Financial Advice | Socially Responsible Investments | Gaeia Home - Move Your Money