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Buddhist Philosophy in Economics Episode 01 Wednesday, March 26, 2025
Buddhist Philosophy in Economics
Who is the Buddha?
The word “Buddha” means an enlightened person, one who knows the truth clearly and uses that truth to enlighten beings so that they can practice it to be free from all suffering.
The word “Buddha” means an enlightened person, which has two meanings:
1- An enlightened person who is historically recognized and has been preserved as a document for humanity. The Buddha was the son of King Suddhodana and Queen Mahamaya of the city of Kapilavastu. When he was 16 years old, he married Queen Yasodhara or Bhimpa. When he was 29 years old, he had a son named Rahula. At the same time, he set out to search for the truth. This act took 6 years to achieve enlightenment or encounter the truth, which is a very mysterious dharma. After enlightenment, he declared Buddhism, the state of the Dhamma, and established a Sangha in the world. At the same time, he traveled everywhere to spread Buddhism for 45 years before passing away and entering Nirvana at the age of 80.
2- The Buddha had the position of the only teacher in the world. He fulfilled the ten virtues, which are all goodness and dignity. Finally, he realized the truth, which is the supreme dharma in Buddhism, and was recognized as the "Buddha". It was this Buddha who founded Buddhism.
What is Buddhism?
We all, as Buddhists, already know that Buddhism is "the teaching of the Buddha." The word teaching itself is called "Dhamma," which means law, nature, the sustaining nature, etc. It is not a refuge for prayer, worship, or the Om mantra, nor does it require Buddhists to worship any deity or deity.
Translated as “law,” Buddhism is a theory of law, a repository of universal laws, with articles written as rules and permits with perfectly valid reasons for beings to follow in order to achieve happiness in this world, the next, and Nirvana.
Translated as “nature,” Buddhism is a theory of nature that reveals the truth of nature: humans, animals, water, earth, fire, wind, air, forests, mountains, rivers, and seas, all that exist in the world of gods, Brahma, Yama, and the moon, sun, and stars, so that beings can know and understand the causes and effects of nature according to their true nature, which is the most essential issue for life, body, nation, and the materials around them.
Which means the nature of the world, Buddhism is a theory that shows good and bad deeds, merit and demerit, that is, the actions of beings, which are the causes that lead to happiness, suffering, destruction, and progress in this world, the next world, and in Nirvana.
On the other hand, Buddhism is a philosophy of the world, a philosophy that frees beings from ignorance, oppression, and suffering, especially from birth, aging, illness, and death. Buddhism is a realist or naturalist religion, true to life and the world, because Buddhist theory only talks about the truth of nature, the causes of nature, the movement of nature, and karma. The word nature in Buddhist theory does not mean the same as in natural science, but rather has a broader meaning for the entire world.
Therefore, Buddhism is a world philosophy with a system, a proper object of study, a unified science and method according to the level of the community, which is collectively called the Preah Pitaka, the Sutta, the Discipline, the Abhidhamma, which contains 84,000 Dhammas. The theory in Buddhism or the Preah Tri Pitaka, which is abbreviated, is called Dhamma, and this Dhamma is divided into three methods of study:
1- The method of study and training to create excellence in behavior, called sila sikha
2- The method of study and training to create unity of mind, called citta sikha
3- The method of study and training to create intellectual ability, called panna sikha.
These three methods, with the truth of the truth, are summarized in the four noble truths or noble truths: 4 of which are:
1- The truth of suffering, suffering is the truth, and the cause of suffering is the truth, and the cause must be abandoned.
3- The truth of the cessation of suffering is the truth, the truth of the duty to be made clear.
4- The truth of the path is to be practiced to eliminate suffering is the truth, the duty to be developed.
These eight noble truths are the sum of the 84,000 dhammas. These four noble truths are Buddhism, a world theory with a profound and vast meaning, absorbing all the movements of the world. It is true that there are as many as 84,000 dhammas, but their only purpose is to help solve and alleviate social problems. According to the economic principles of Western scholars, the purpose of the economy is to fulfill human needs.
Khravasadhamma
Khravasadhamma is the dharma or law for householders to hold or act according to. Householders who are householders always have wives, children, and grandchildren who are members of their respective families. The members always have different personalities, even though they are of the same blood. Some are fun-loving and talkative, some like to joke and joke, some like to lie to others and use all kinds of tricks, some are honest, some like to be quiet, not wanting anything excessive that is contrary to the character of their parents. That is why the Buddha ...(Buddhist Philosophy in Economics Episode 01)
