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The Practice of Buddhist Economics?
Authors:Simon  Zadek
Institution:Simon Zadek, Ph.d., is co-ordinator of the research programme. Value-based Organisation;, at the New Economics Foundation, Universal House, Second Floor, 88–94 Wenrworth Street, London El 7SA, UK
Abstract:A bstract . The guidance provided by Buddhism about forms of economy is examined, focusing on individual and social aspects of Buddhist practice, rather than a literal readings of the canonical texts. The case of the village-level development organization in Sri Lanka, Sarvodaya Shramadana , illustrates issues concerning Buddhist approaches to organization at the micro level. The impact of the Buddhist institution of the laity supporting monks on economic growth is considered, and the role of material welfare in a Buddhist conception of development. This examination of Buddhism suggests that its practice reveals insights into approaches to economy.
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