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Buddhist Philosophy in Economics Episode 03 Wednesday, March 26, 2025
น. A person with technical thinking, cleverness, such as buying things at a low price and selling them at a high price.
3. Sanatho is a person with many resources, a person who is popular with many people, has many friends, and is able to convince people of all walks of life. He has faith and trust, and is willing to fight to the death together. If he has these three qualities, he will always bring wealth to those who follow him.
If he has these qualities, he must strive to avoid shame, which is the cause of the destruction of wealth.
Avoiding shame (the cause of the destruction of wealth) 4 things
1. Refraining from sexual intercourse
2. Refraining from drinking alcohol
3. Refraining from gambling
4. Refraining from associating with bad people without educating or training them well.
These four things were revealed by the Buddha to teach people to be careful not to allow themselves to fall into harm. Every person, even in the whole country, no matter how much wealth and fortune they have, if they are only interested in women, alcohol, gambling, and factions, they are a very corrupt person and will see the results of destruction. Because these four causes cause a lot of destruction of wealth and time. For example, if a man is infatuated with a certain woman, he will always go to her and take her wealth to please her. Over time, he will become a diplomat and give up his job. If a government official sometimes goes to work and sometimes does not go. Finally, there is no advancement in position, sometimes he can compete with others because of that woman. Finally, wealth, fame, and reputation will be destroyed and he will become a person without hope in life.
If we can practice the above principles, we will definitely have four kinds of happiness as follows:
The four kinds of happiness of the household
1. Happiness comes from having wealth
2. Happiness comes from spending wealth
3. Happiness comes from being debt-free
4. Happiness is born from working for free or doing business without guilt
These four characteristics demonstrate the importance of the economic element, namely, having wealth through one's own efforts, spending one's wealth without being in debt, doing business properly according to economic rules, not violating state laws, not oppressing others. Those who have wealth are always calm, using their wealth to support their family, and are always happy without having to borrow money from others. And the teacher will definitely be wealthy. On the contrary, a family that is wealthy will not last long because of four reasons.
A wealthy family will not last long because of four reasons:
1- Things are lost and not found.
2- Old things are dilapidated and cannot be repaired.
3- Not being prudent in using wealth.
4- Having a man or woman with no morals in the family.
The above four are the causes of destruction. No matter how wealthy a family is, if the people in that family lack economic wisdom or lack morality, do not care about lost things, damaged things can be repaired and used again, do not bother to let them go, use their wealth carelessly, especially the head of the family has no manners, order (morality), and will only lead to further destruction.
Not only the property is furniture, even non-furnished things such as houses, land, etc. are also in danger.
In the kalpa ritthit Parimitabanabhojna knows the limits of eating and using.
4. The supreme moral establishment appoints people with morality to be the head of the household.
The house is like a society and like a country. When there are bad leaders, the house, society, and country will inevitably be destroyed.
The Buddha tells the story of the misfortunes and happiness of a householder who has been managing a family for a long time. Whatever he does, he shows people how to manage their affairs, but it is an economy related to morality. It is said that people will become people with good morality only if they have food to provide for their physical needs. Human morality is very difficult to exist if each person's personal economy is not developed or is not conducted in a dignified manner. That is why the Buddha taught people to emphasize economics.
Please note that the economic essence of the current benefits of the first Buddha, namely, striving to do business to create wealth, is the primary economic essence, which is Production.
Because economics was born after Buddhism, about a thousand years ago. The second essence is knowing how to save the wealth that has been acquired, and it corresponds to the essence of saving wealth.
The third essence is knowing how to be friends, being honest, being smart, and thinking of helping each other. This essence is comparable to organizations, communities, and cooperatives that need to select individuals with high ideals among their members to lead as a group of governors or a board of directors within the framework of developing the lives of members by adhering to the common good. The last essence is to use and spend wealth to suit one's status or live only on that which in economic terms is called the House hold budget, which is translated as the family budget, for private individuals. If the state is called
The nation economic budget, which is translated as the national budget. In short, it comes down to examining the balance between income and expenditure, in accordance with the Buddhist concept of balanced life, which is stated in the Dhamma, for the benefit of the present.
The Buddha (Buddhist Philosophy in Economics Episode 03)
