• Research Paper on:
    Sustaining Development and Buddhist Economics

    Number of Pages: 7

     

    Summary of the research paper:

    In seven pages E.F. Schumacher's Buddhist economics concept is discussed and is compared with Marxism in order to examine how a sustainable society that can solve both spiritual and economic problems can be developed. Three sources are cited in the bibliography.

    Name of Research Paper File: RT13_SA206BE.rtf

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    Unformatted Sample Text from the Research Paper:
    familiar with Deepak Chopras writings are also familiar with the idea that money is a tool and entrenched in daily life. It is something that may be used and abused.  However, the concept of buddhist economics is somewhat elusive. What is it exactly? Economist E.F. Schumacher explains what he means when he uses the phrase. The Buddhist point of  view looks at the idea of work as being threefold at least (Schumacher, 1999). One aspect of work is to give human beings a chance to use and develop  his or her personal skills (1999). Many people experience delight in mastering skills and apply their knowledge to their chosen professions. Another is to enable an individual to overcome his  ego-centeredness through joining other people to perform a given task or set of tasks (1999). While acceptable, this point may not always be applicable as some work does not requisite  working in cooperation or in conjunction with others. Yet, it would be difficult to find a job where one does not report to another at all. Even contractors have clients  who, in effect, serve as bosses. Finally, work is also present in order to bring forth goods and services necessary for existence (Schumacher, 1999). This is a good point.  Work is produced by individuals but it often serves others outside of the company and other than the people who are implicit in creating an element. In todays global environment,  end products are widely distributed. Also in the corporation, owners have choices. Schumacher (1999) contends that to organize work in such a way as it becomes meaningless or boring is  nothing short of criminal. In this point, Schumacher is in concert with Karl Marx who contends that the business owner has reduced all people to paid wage laborers, something that 

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