Keynote of buddhist economics

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1.One of the requirements of the "Noble Eightfold Path" is "Right Livelihood." Schumacher suggests that the understanding of the meaning of work, therefore, would differ between the "modern perspective" and the "Buddhist perspective." Compare the two perspectives and then discuss how the American workplace might be different if it followed the "Buddhist perspective."

2. Schumacher sees simplicity as a keynote of Buddhist economics. What's the connection between simplicity and nonviolence according to this article? How does this relate to Jain ethical principles?

3. According to Schumacher, what distinguishes Buddhist economics from modern economics in its approach to material wealth? To natural resources? With which approach are you more sympathetic and why?

Reference no: EM13209693

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