Buddhist Economics in the View of Domestic and Foreign Scholars


  • Dech Choojanaud Faculty of Social Sciences Mahachulalongkornrajavidyalaya University


Buddhist Economist, The Philosopher in Thailand, World Philosopher


This research article the objectives are as follows: 1) To study the principles of Buddhist economics in the view of the philosopher 2) to study methods and practices in Buddhist economics in the views of scholars both in the country and abroad. 3) to study methods of applying Buddhist principles in the economics of the model community in Thai society and 4) to study community analysis. A model that brings Buddhist principles in strengthening economic principles It is a study by using qualitative research (Qualitative Research) which is a study by using documentary research by collecting data by removing articles. textbooks. publications from books. textbooks. research reports. Academic articles. journals. and various documents. etc. from the world philosopher of Buddhism. Analysis by content (Content analysis) and data synthesis.

  1. Understanding the full obligation of human life. it cannot be done with the idea of a community contract alone. But should incorporate the Buddha's ideas about obligations and duties Is to bring different people with different ideas to exchange and socialize. intellectual and cultural So-called national development "Gross National Happiness" by emphasizing the development of people happiness and satisfaction. Rather than measuring development with gross national product Buddhist economics is Mattanyuta. Known to be fit for consumption. Refers to the fit in which the quality of life meets the satisfaction of Buddhist teachings and practices.
  2. It is a theory based on the sufficiency economy approach. for example. 3 types of solitude: 1) the solitude spending according to the power. 2) the solitude spending by income. 3) the solitude. Spend as needed It is the way that His Majesty King Rama IX called it "self-sufficiency economy". the point of synergy between mainstream economics and Buddhist ways. Which emphasizes the value system along with the value Buddhist economics is characterized by mainstream economics with a focus on lust. Focus on lustful response Focus on consumers. The main principle adopted by the group is honesty. tolerance. sincerity towards oneself and others.
  3. Concept and theory of production Concept and theory of consumption Concept and financial theory Human fundamentals concept the concept of happiness of human life Concept of consumption. utilization of basic factors Time value concept Principles. methods and elements of economics according to Buddhism principles. Which consists of Principles of economics according to Buddhism principles Buddhist method of economics and economic elements according to Buddhism principles.
  4. The model community and patterns of the application of Buddhist principles in Thailand are 1) Guidelines and patterns of Buddhist economics in Thailand 2) Guidelines for applying Buddhist economics to the example community in Thai society 3) learning patterns for applying Buddhism. Community economics.


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How to Cite

Choojanaud, D. (2020). Buddhist Economics in the View of Domestic and Foreign Scholars. Journal of MCU Social Development, 5(1), 34–42. Retrieved from https://so06.tci-thaijo.org/index.php/JMSD/article/view/247943



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