
Sustainability of development and Buddhist economics
Open Access
|Dec 2013Abstract
Are all economic actors ‘rational’? Is boundless acquisitiveness an incurable attribute of homo economicus? Buddhist Economics contends that, while the desire to fulfil one’s needs is inherent to the human condition, the excessive and insatiable pursuit of profit and acquisitions is not. Hence, it seeks economic growth through sustainable means: an effort that is particularly relevant in a world of economic extremes. ‘Sustainable Development and Buddhist Economic Philosophy’ examines the relevance of Buddhist Economics to labour relations, the achievement of productive and allocative efficiency, the promotion of environmental conservation, and the common ownership of resources, and its enduring contributions to sustainable development.
DOI: https://doi.org/10.4038/sljer.v1i1.109 | Journal eISSN: 2345-9913
Language: English
Page range: 131 - 141
Published on: Dec 28, 2013
Published by: Sri Lanka Forum of University Economists
In partnership with: Paradigm Publishing Services
© 2013 Venerable Agalakada Sirisumana, published by Sri Lanka Forum of University Economists
This work is licensed under the Creative Commons License.