Buddhist economics as a return to a rational model of economic management

- Zinchenko, V.V. (orcid.org/0000-0001-9729-6861) and Boichenko, Mykhailo Ivanovich (orcid.org/0000-0003-1404-180X) (2022) Buddhist economics as a return to a rational model of economic management Journal of Philosophical Economics, 1 (15). pp. 227-244. ISSN 1843-2298

Text (Буддійська економіка як повернення до раціональної моделі управління економікою) Buddhist economics as a return to a rational model of economic management.pdf Download (479kB)

Abstract

The concept of Buddhist economics is gaining increased appeal in a world where external (global) factors are once again becoming more of a handicap than a deliverance. A Buddhist economy is a return to the long-established values of agricultural production that has the capacity to take into account the experience and achievements of the industrial and post-industrial economy. Care for the environment, personal development, community development, especially spiritual development – these are the priorities of the Buddhist economy. In particular, agricultural production is the most convenient means to achieve these goals. However, Buddhist economics are not a rejection of the achievements of modern and postmodern society – they attempt to use these experiences and achievements in the fashioning of a more intelligent and effective implementation of the goals of the economy, which were defined by Aristotle. The rational model of economic management according to these views consists of thrifty but full consumption and restrained production with environmentally friendly objectives.

Item Type:	Article
Keywords:	Buddhist economics, optimal consumption, personal development, economic rationality.
Subjects:	Science and knowledge. Organization. Computer science. Information. Documentation. Librarianship. Institutions. Publications > 3 Social Sciences > 33 Economics. Economic science
Divisions:	Institute of Higher Education > Department Interaction between Universities and Society
Depositing User:	м.н.с Пільщіков Ілля
Date Deposited:	25 Jul 2024 16:28
Last Modified:	08 Aug 2024 09:59
URI:	https://lib.iitta.gov.ua/id/eprint/741854

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