Philosophy of Sufficiency Economy: A Philosophical Analysis
DOI:
https://doi.org/10.61462/cujss.v47i2.777Keywords:
HM the Late King Bhumibol Adulyadej of Thailand, philosophy of sufficiency economy, scientific BuddhismAbstract
An analysis of the ideas and concepts of, and within, the “Philosophy of Sufficiency Economy” has been conducted on the presupposition that the ethics of Buddhism and the notion of science are two underlying tenets of this philosophy. The compatibility of ideas between Buddhism and science has been generally recognized, especially on the issue of causality in human experience, but it requires more than an assertion of this compatibility if one wishes to render it meaningful and practical. The philosophy of sufficiency economy is an example of such rendering. The main expression to be analyzed is that sufficiency is to have enough to live on. The key constituents of the analysis are moderation, reasonableness and the Middle Way. The idea of sufficiency entails the notions of moderation and reasonableness. Then, at the level of social ethics, these notions are further linked up with the idea that one must do one’s own duty according to one’s own expertise and in support of one another in a reciprocal manner for the interest of society as a whole if one were to find the good within oneself by one’s own reasoning.
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