Buddhist Economics
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Laszlo Zsolnai and Clair Brown (UC Berkeley) initiated a book series called Studies in Buddhist Economics, Management, and Policy at Palgrave. In 2020 we published two books. One is “Introduction to Buddhist Economics - The Relevance of Buddhist Values in Contemporary Economy and Society” by Ernest C. H. Ng (University if Hong Kong). The other is “The Value Orientations of Buddhist and Christian Entrepreneurs - A Comparative Perspective on Spirituality and Business Ethics” by Gabor Kovacs (Corvinus University of Budapest).
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The Business Ethics Center of Corvinus University of Budapest and the European SPES Institute organized an international transdisciplinary workshop on Contemplative Science & Management in May 19-21, 2017 in Budapest, Hungary. Collaborative partners included Mind & Life Europe and the Hungary-Bhutan Friendship Society.
The conference invited scholars and practitioners devoted to exploring and presenting new developments in contemplative inquiry related to Buddhist Economics, Well-Being, Social Transformation, Mindful Organizations, and Ecological Worldview in the management context. This particular combination of fields represents a unique nexus for reflection and action toward developing ways of mindful and sustainable management for organizations in economic and social life.
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The European SPES Institute was active in contributing to the scientific program of the International Conference on Gross National Happiness organized by the Centre for Bhutan Studies in November 4-6, 2015 in Paro, Bhutan. The following members participated in the conference
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In his video Laszlo Zsolnai summarizes the main principles of Buddhist economics. The video was created for the Gross National Happiness World Conference organized by the Center for Bhutan Studies and GHN Research in November 4-6, 2015 in Bhutan. (video)
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In his article “From Western Marxism to Western Buddhism” philosopher Slavoj Žižek argues that “although Western Buddhism presents itself as the remedy against the stressful tension of capitalist dynamics, allowing us to uncouple and retain inner peace and Gelassenheit, it actually functions as its perfect ideological supplement.” He adds that "The Western Buddhist meditative stance is arguably the most efficient way for us to fully participate in capitalist dynamics while retaining the appearance of mental sanity.”
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The Buddhist Economics Research Platform, the Loden Foundation, Bhutan and the Hungarian Bhutan Friendship Society in partnership with the European SPES Forum and the European Buddhist Union organized an international workshop 'Buddhist Values in Business and its Potential for Europe' on 24-25 November 2012, in Brussels, Belgium. Partly inspired by Bhutan's Gross National Happiness, the workshop was designed for people from the business or academic sectors interested or involved in Buddhist Business/Economics as well as for entrepreneurs, university students and leaders of Buddhist organizations.
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The book "Ethical Principles and Economic Transformation" presents new contributions of Buddhist economics to pressing socio-economic problems. Buddhism points out that emphasizing individuality and promoting the greatest fulfillment of the desires of the individual conjointly lead to destruction. The book promotes the basic value-choices of Buddhism, namely happiness, peace and permanence.