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  • Book
  • © 2011

Ethical Principles and Economic Transformation - A Buddhist Approach

Editors:

  • The most comprehensive presentation yet of the Buddhist approach to economics and business
  • Cutting edge research in CSR shows the relevance of Buddhism's promotion of cooperation, care and generosity
  • Highlights one of the most popular and fast-growing trends in the USA, Western Europe and Japan

Part of the book series: Issues in Business Ethics (IBET, volume 33)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xi
  2. Introduction

    1. Front Matter

      Pages 1-1
    2. Why Buddhist Economics?

      • Laszlo Zsolnai
      Pages 3-17
  3. Buddhist Ethics Applied to Economics

    1. Front Matter

      Pages 19-19
    2. The Relational Economy

      • Julie A. Nelson
      Pages 21-33
    3. Buddhism and Sustainable Consumption

      • Peter Daniels
      Pages 35-60
    4. Economic Sufficiency and Santi Asoke

      • Juliana Essen
      Pages 61-77
    5. Pathways to a Mindful Economy

      • Joel C. Magnuson
      Pages 79-107
  4. Achieving Happiness and Peace

    1. Front Matter

      Pages 109-109
    2. Do Our Economic Choices Make Us Happy?

      • Colin Ash
      Pages 111-131
    3. Gross National Happiness

      • Sander G. Tideman
      Pages 133-153
    4. Leadership the Buddhist Way

      • Laurens van den Muyzenberg
      Pages 167-179
  5. Conclusion

    1. Front Matter

      Pages 181-181
    2. The Contributions of Buddhist Economics

      • Laszlo Zsolnai
      Pages 183-196
  6. Back Matter

    Pages 197-213

About this book

Buddhism points out that emphasizing individuality and promoting the greatest fulfillment of the desires of the individual conjointly lead to destruction. The book promotes the basic value-choices of Buddhism, namely happiness, peace and permanence.

Happiness research convincingly shows that not material wealth but the richness of personal relationships determines happiness. Not things, but people make people happy. Western economics tries to provide people with happiness by supplying enormous quantities of things and today’s dominating business models are based on and cultivates narrow self-centeredness.But what people need are caring relationships and generosity. Buddhist economics makes these values accessible by direct provision. Peace can be achieved in nonviolent ways. Wanting less can substantially contribute to this endeavor and make it happen more easily. Permanence, or ecological sustainability, requires a drastic cutback in the present level of consumption and production globally. This reduction should not be an inconvenient exercise of self-sacrifice. In the noble ethos of reducing suffering it can be a positive development path for humanity.

Reviews

“I largely agree with the values expressed by the contributors to this collection. … Taken together the work demonstrates that Buddhist economics is still very much a work in progress.” (Richard K. Payne, Pacific World - Journal of the Institute of Buddhist Studies, Vol. 4 (1), 2020)

Editors and Affiliations

  • Business Ethics Center, Corvinus University of Budapest, Budapest, Hungary

    Laszlo Zsolnai

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access