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Human Flourishing by Group5 Presentation
Human Flourishing by Group5 Presentation
economics
“Right Livelihood” is one of the requirements of the Buddha’s Noble Eightfold Path. It is
clear, therefore, that there must be such thing as Buddhist Economics. Spiritual health and
material well-being are not enemies; they are natural allies.
If you think human flourishing is an objective reality based on objective criteria, it is not . It is more
complicated than merely physical and mechanical movements. When we understand our human
flourishing as mechanical, we reduce ourselves, to machines, or even reduce ourselves to objects. From
this sensibility stems the negative thinking toward work and the difficulty of satisfying work (one
perfectly aligned with our sense of purpose and mission ). If all that we do is focused on acquiring
wealth and becoming rich, we see ourselves pushing too much and exerting unnecessary effort to be
someone we are not.
Says Schumacher, it is
undeniable that the source of
wealth is human labor
Labor from two opposing perspectives:
DISUTILITY- Labor as a letting go of leisure and comfort. In relation to this, wages are
understood as a kind of compensation for the sacrifices made.
When understood in a relation to the two aforementioned perspectives, the employers
envision “an output without employees”, while the work force envisions an “income
without employment”.
Consequences of these differing
views
• The tendency of companies to automate
• But automation is costly and expensive
• So they engage in the process of dividing labor
• produce efficiency of labor (faster and accountability)