The Buddhist Economist's View toward "The New Work Ethic"

Paper Summary:

The paper looks at the western world work ethic which, according to the writer, is eroding, and is best suited to workers who are solely trying to receive a paycheck, uninvested in the actual work. The paper then contrasts this system with Buddhist teachings and economic views to discover the ways in which they clash.

From the Paper:

"The differences between traditional Western economic principles and the principles of Buddhist economists are striking, and seem to be diametrically opposed in every way. The differences are well chronicled by E. F. Schumacher and can be explained in detail when Buddhist principles are used to study the New Work Ethic case in the text. The basic difference is that Buddhists see work as a virtue in itself, while workers, the type of which are seen in the case, see it as the means to produce goods and people as the providers of this work; these views are shared by the fast food workers studied in the case."

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