The Economics of Buddhism
(Buddhist Advice) The 4 Benefits in the Present That the Buddha Taught More Than 2,500 Years Ago. Next, to implement progress that can be accelerated only if an economist or businessman has three more characteristics.
The characteristics of a businessman who quickly becomes successful can quickly become a person with a lot of wealth and become a millionaire in the world.
Understand Business: A famous businessman tells about the 4 Dharmas that he learned and practiced to become rich.
Mr. Ieng Sotheara, a famous businessman in Cambodia, explained the 4 Dharmas that he learned and practiced to become rich to avoid poverty. On the occasion of participating as a guest speaker in the campaign for business owners to help each other in difficult times under the theme “Dhamma to become rich” via the online system, Mr. Ieng Sotheara, The Benefits in the Present, Economics for the present life. It is stated that the four virtues for becoming rich are:
1: The Endowment Of Industriousness: Not being lazy, working hard, and striving. For example: If there is a family, both the husband and wife must work hard and guide their children to work hard. When wealth, food, and other necessities arise in accordance with the right dharma and continuous effort builds up gradually, the second virtue is the Endowment of Watchfulness.
2: The Endowment Of Watchfulness: Protecting wealth and saving the wealth that has been earned well. To maintain property well, we must do five things: (1) prevent confiscation by the authorities, which may occur due to wrongdoing, (2) always look after construction carefully, (3) consider protection from natural disasters, (4) be protected from thieves, (5) be careful of those who want to destroy us. Taking care to manage our property carefully so that it does not get lost in vain is a very good thing, but we should try to do this continuously, practicing the third virtue, which is good friends.
3: Good friends: are good people for us and help us, give us good advice. But please remember: if we want to be good people, we must be good people. Having good friends can be good advisors for us, and going to good advice does not mean those who are richer than us, the important thing is that they can give us advice.
Next, one should continue to practice the fourth virtue, which is balanced livelihood.
4: The Endowment Of Balanced Livelihood: Not spending more than one's income; not spending wastefully (balanced life): The equation of life that must be careful at all times (not boasting, not boasting), doing something according to one's ability. For example: One sees a new, modern car and wants to drive the same car as the other, even though one is not able to buy one, and borrows money from the other to buy the car. This is an act that should not be done, which leads to debt.
Therefore, "Currently, it is seen that young people are lacking in all four dhammas, so if you want to have a lot of money, with dharma, you must develop these four dhammas."
He said that those of you who want to become high and big businessmen should have an advisor and we must work hard to have the right work rules so that we can become truly rich. Otherwise, we will only work hard and save our wealth and have nothing to go forward. He said this: "A good advisor may not have more money than us, or less money than us, but he has better ideas than us, has higher knowledge than us, knows more reasons than us, and can show us the way that is worthy of respect and follow."
Therefore, if you want to do something, you must have a clear campaign and system, and you cannot just sit and think about it. No matter what, you must have a clear and correct plan.
"Knowing these four Pali words will make you a rich businessman"
Of course, each of us wants to have something, and wanting something, no matter how much we want, does not come easily, unless we work hard, persevere, and are frugal.
The principles that make life beneficial, called wealth, are three:
1. The Dhamma view, current benefits or benefits related to daily life, is the primary benefit, the first step, related to work for living, having wealth, reputation, fame, and friends, all are good both in terms of livelihood and balance in income and expenditure. Especially important is to strive to earn wealth through righteous work.
• Work hard in your work • Keep what you have earned • Associate with good people • Live a life according to your means.
The Preah Saṃcha, the king came and preached the punishment
of a person who does things that should be done first, putting them behind him and preached this verse:
Uṭhāna kālāmhi ឣnutthāno yuvā pāli ឣalsīyam ឣupetō samsānunsangkāppāmono ឣkosīto pāññāyā māgṭhā ឣlṣo nā vinti.A person who is young, strong, stubborn, and lazy, does not make an effort when he should make an effort, and his mind is immersed in the unwholesome life. He is a lazy person. A lazy person will never encounter the path of wisdom.
These four aspects of Dhamma and benefit are the basis for solving life's problems and a big step towards progress. I would like to emphasize that the first benefit of Buddhism today is the ability to do business, so that wealth is created, which corresponds to the primary economic benefit, PRODUCTION, as we have already mentioned, because economics was only born a thousand years after Buddhism. It is more likely that the second benefit is knowing how to save the wealth that has been earned, which corresponds to the saving or saving of wealth (SAVING). The third benefit is knowing how to make friends, be honest, be wise, and have the idea of ​​helping each other. This principle is similar to that of an association, or a society, or a cooperative, which requires the selection of highly qualified individuals from among its members to manage or lead the community as a governing body or a board of directors within the framework of developing the livelihoods of its members by taking into account the common good. The last principle is the use and expenditure of wealth to a level appropriate to one's status or to live only. In economic terms, the term HOUSEHOLD BUDGET is used, which means that this is a private family budget. If it is a public budget, it is called THE NATIONS ECONOMY BUDGET, which means that this is a national budget. In short, it is a matter of examining and balancing income and expenditure in accordance with Buddhism, which is called the samjhaya as stated in the Dhamma (present benefit). As for other teachings, such as avoiding all kinds of loss of wealth (abayamuk), knowing what is the happiness of the household, and making the family stable for a long time, all of these are another economy that must be combined with morality. In this regard, Buddhism clearly saw that human morality is very difficult to achieve if the personal economy of each person does not progress or does not act in a dignified manner. For this reason, the Buddha emphasized the state economy and the family economy in the framework of building a position, namely, how to make the state and private economy as high or medium as possible. To understand quickly, the reader should review a story in our Buddhist scriptures that relates that one day the Buddha instructed a Brahmin who had asked him about the issue of sacrifice. The Buddha did not give an answer to this question, but he took the opportunity to enlighten the Brahmin in the context of his question, saying, You yourself are a person who has the function of managing and maintaining the Brahmins in a country with many villages and districts. You are a person whom all the Brahmins recognize, recognize the advice of the father. You must manage the economy of this country properly, achieve high development, stability and at a good level before you can do anything else. Brahmin! The program to eradicate theft should not be carried out by imposing any punishment or even killing, because all these actions are ineffective, they do not stop people from committing theft. Why? Because other wicked people take their place, and they commit theft again. But if they manage the economy well, people will get jobs according to their abilities and knowledge. At the same time, there must be a plan to help farmers, merchants, and government officials to live comfortably in their businesses, and then your country will be in peace and prosperity. The Buddha taught about economics and morality as mentioned above. We can answer the accusation that Buddhism teaches people to be lazy, to live by the help of deities, to sleep in adventures, etc. Buddhism does not teach this, not even a single word. Furthermore, in some cases, the Buddha expressed the virtues of doing certain types of business, such as trading, by clearly stating that if a trader himself practices the three virtues, he will definitely have a high profit. However, rapid progress can only be achieved if the economist or businessman has three more characteristics.
(The Business Of Buddhism)
The characteristics of a businessman who quickly achieves success, can quickly become a wealthy person, become a millionaire in the world, must have three things
Three tips that young businessmen must maintain for their business life In making a living in business, it is also a very important issue for people's daily lives.How to do business must also be studied and understood clearly when entering this field. Here are some quick tips to help young businessmen:
The Buddha showed three characteristics of doing business to become wealthy, rich, and loved by many people. This is to avoid some views that the Buddha only taught people about karma, results, merits, and demerits, so most of his followers were poor. In some cases, the Buddha expressed the virtues in doing business, such as selling, clearly stating that if sellers have three qualities, they will definitely get high profits. The lessons taught by the Buddha for their business to run smoothly, the public should follow the direction of the three virtues, namely:
1. Pannachakhu is a person with intelligence, a person with good eyes or bright eyes, especially one who knows the rules of economics and business, that is, they know how to sell, buy, and how to get a lot of money. In particular, they are knowledgeable and skilled in business, how to make a profit, how to make a loss, and know the season, such as knowing the season of each occupation. Knowing the place to sell is where it sells for a high price, where it sells for a low price, and knowing the needs of people in each place. What they need to buy, what they need to buy, and so on. Being intelligent is being smart in buying and selling, knowing how to make a loss and how to make a profit, knowing the time, knowing the season of each business, knowing the market for selling, such as where it sells for a high price, where it sells for a low price, knowing the needs of people in each place, what goods they need to sell according to their needs, etc. Tip: Young businessmen must have wisdom and vision: For veteran businessmen, business matters are no secret, but for those who are just starting out, doing new business, it is necessary to have wisdom in the field of investment, sales, buying and selling, knowing the time, knowing the place, knowing the needs of customers, knowing the rules of business economics, being skilled in business, knowing the time and the weather clearly, that is, knowing how to sell, buy and sell, and how to make a lot of money. In particular, it is necessary to know the opportunities in doing business, that is, to know the places to sell, where this place sells cheaply, where that place sells cheaply, and to know the needs of people in each place, what they need to find that product to meet their needs.
2. Behavior: A person who is diligent, who does the work he is doing without delaying the time of the business and the needs of the buyer. A person who has a technical mind and is smart, such as buying things in a cheap place and selling them in a high-priced place. Hard work, perseverance, is to work hard to do the work he is doing, that is, not being lazy, not letting it go beyond the needs of the buyer. Note: Young businessmen must be diligent. That means that those young businessmen must be diligent in the work they are doing, not wasting time on the business and causing them to miss the needs of customers, but being a businessman who has market research to develop himself. A person who does the work he is doing without delaying the time of the business and the needs of the buyer is considered to be a person who has a technical mind and is smart, such as buying things in a cheap place and selling them at a high price. This does not mean that doing business like this is morally wrong, but it is a type of business that understands the geographical location of the people's economic income.
3. Sanatho is a person who has many supporters, a person who is loved by many people, has many friends, how to make people from all walks of life feel discouraged, have faith, and trust until they dare to fight to the death together. He is a skilled person in contacting many customers. Wherever he goes, he is always loved, loved, knows how to make himself loved and trusted by others, and is friendly. If he has these three qualities, he will always bring wealth to those who follow him.These three business concepts will be useful to the general public in their work to earn a living through righteousness. Hint: A young businessman must be very reliable. In a sense, you must be skilled in making many friends, go to places where people are respected. A person who is respected by many people. Not only that, you must be a person who knows how to make people from all walks of life feel confident and have confidence in yourself.
The businessman's sermon
In the story, there is a story about a man, a wealthy businessman, who picked up a dead mouse and sold it to a cat breeder for 1 kangana, saved it as capital and continued to trade until he had a fortune of 200,000 kangana, and finally rose to the rank of millionaire. Because the effort to save is futile, the Buddha has said: A wise and intelligent person, with little capital, becomes wealthy, just as a small fire is kindled and becomes large. The Buddha has brought this story to show in a way to those who like to acquire wealth through business. There is a Buddhist proverb to support this: Tehi bhikkhuvā anghi samṛṣadhātto, paṇika, nichirsabov, mahānṭṭām, vebolṭṭām, paṇāṭi, bhāgēsukātāmehi, tehi īth bhikkhuvā čapānikā caṇḍa, viṭhūra, caṇī, nissāyasambaño caṇḍa. Monks, a merchant who possesses the three qualities is one who is wise, one who is diligent, one who is rich with dependents, and one who will soon become rich with wealth.
An economist or businessman must have three qualities:
1- Wise, one who has clear and clear wisdom.
2- Diligent, one who is diligent and diligent.
3- Sanatha, one who is rich with many dependents.
The first quality, “one who is wise,” is that he must be wise. The three causes of wisdom are: listening, thinking, and cultivating. Those who want to make money through trade or business should listen carefully to the explanations and advice of businessmen, paying attention to them often, so that they can learn the techniques of trading in advance, such as knowing the price of goods, etc., and should study in a business school or in the home of a businessman who has been skilled for a long time. When they have listened and learned as mentioned above, wisdom will arise. This is called wisdom born from listening and learning. As for thinking, a marketer or businessman must think carefully and find the reason for trading clearly to understand whether there is a profit or loss. If you don't see it yourself, you should ask someone who has lost a business before you act, as the ancient proverb says, "Think before you act." No matter what, you must think about the loss and profit before you act. When you think and think like this, wisdom is born. This is called wisdom born from thinking. As for progress, it is something that is done repeatedly. If you do it occasionally, it is not called progress. Only when you do it many times, many times, or repeatedly, can you call it progress? Do it and do it again and again until you get used to it. If you have done it repeatedly, it will tell you to understand gradually. The previous one is a model for the next one. Just like someone who has been doing a business for a long time, wisdom always comes to their mind, so that they can understand other businesses in a row. You who have never done it, you will always be ignorant and not wise in business. Even those who have learned to be proficient in business schools, but if you have not done it before, you will not know everything. Only when you have done it often can you understand more and more. This is called wisdom born of progress. A businessman who listens, learns, and progresses as mentioned above, always finds wealth in abundance. He is a person with good eyes or bright eyes, with skillful knowledge in business, knowing the capital, the cost, and the profit. Especially knowing the rules of economics and commerce.
In the second category, which is "having great diligence", a merchant or businessman must diligently manage work at home and outside the home. Trying to manage work at home means trying to control the list, trying to control all the items for sale, trying to find ways to arrange the house so that the inside is clean, so that it is arranged in a unique and unique way, so that travelers or shoppers can see it from a distance and want to walk closer and look at it again. Try to arrange the few things for people to see, and the more things to be seen, in a good way, do not just place them randomly. If there are many houses of the same merchant, try to write signs or post notices to let people know so that they can quickly recognize your name and the name of your goods. This is household work. As for trying to manage work outside the home, try to find unique goods from other places that are popular with the public and sell them in large quantities, in many different ways, or something unique that is perceived to be popular with the public, such as the first ripe fruit or the first goods to arrive The original must also be tried to find and keep in the house first. Merchants who are diligent as mentioned above, etc., quickly increase their wealth. They are people who have a sharp mind, a broad mind, know how to survey, consider, and examine circumstances. They have a technical mind, are extraordinarily intelligent, know how to do business, and know how to know where to buy things at a low price, and where to sell them at a high price. Especially if they make a lot of profit, they do not forget the spirit of losing capital, they are not willing to give up or be lazy.
The third element, which is "being rich with people, having many dependents," is that a businessman must seek out people who are wealthy, reputable, and have many close friends, so that it will be easy, because all of them will help to spread the word, help to start, help to provide resources as capital, help to provide support in times of various kinds of events. Be someone who has soft words, sweet and pleasant, friendly, and kind to people who come to you or to others. Do not act arrogantly or arrogantly, so that you will be loved and appreciated by others. Be someone who has a good moral character, is honest, and does not have a bad reputation by playing various games, gambling, etc. Be someone who spends his wealth in moderation, does not spend too much, does not waste too much, so that those who have a lot of wealth will dare to help you start with various tasks, provide money as capital, etc.A businessman who has many dependents quickly grows a large fortune. He is a person who is loved by many people, even friends, knows how to make people in all walks of life fall in love, have faith, gain trust, and even struggle for profit together. Whether you work in the fields, farms, businesses, wages, government, or trade, you will grow a large fortune because of your diligence and intelligence as mentioned earlier. That is why there is a Buddhist proverb: “Udhata Vinte Thanam, the rich will always get wealth.” This Buddhist proverb is in line with the ancient Khmer proverb: “Knowing from learning, there is wealth, poverty from laziness.” Teach the way of business or learn from a businessman who has been practicing for a long time. When you listen to what is said, wisdom arises. This is called wisdom arising from listening to learning. The thinking is that a marketer or businessman must think carefully and find the reason for trading clearly, to understand whether there is a profit, a loss, or a loss. If you don't see it yourself, you should ask those who have lost their business before you decide to act. As the ancient proverb says, "Think before you act." No matter what, you must think about the loss and profit before you act. When you think and think like this, wisdom arises. This is called wisdom arising from thinking. As for progress, it is doing it often. If you do it occasionally, it is not called progress. Only when you do it many times, many times, or repeatedly, is it called progress? Do it and do it again and again until you get used to it. If you have done it often, it will tell you to understand gradually. The first is an example for the next. Like someone who has been doing a business for a long time, wisdom always comes to your mind, so that you can understand other businesses in a row. You have never done it, you will always be confused and not wise in business. Even those who have learned to be proficient in business in a business school, because if you have not done it, you will not know everything. Only when you have done it often will you understand more and more. This is called wisdom born of progress. A businessman who listens, learns, and progresses as mentioned above will always find a wide range of wealth. An old woman asked the Buddha: “How did you stop being poor?”
An old woman asked the Buddha: “How did you stop being poor?” He has a meaningful Buddha's message!
Everyone's life is born with wealth and no one can determine it. Some people think that it is determined by karma and merit from previous lives. However, we must focus on what is happening in this life and make it as good as possible.
An old woman who was poor asked the Buddha in despair while he was begging: "If I am so poor, how can I give alms to you and the other monks? How can I get rid of poverty?" The Buddha had a Buddha's message: "This is because you do not know how to give alms?" The old woman replied: "How can I give alms if I do not have wealth?" The Buddha said: “You can give alms with many things, not just wealth or money or food.” He continued: “Your face can smile, be happy, laugh, and be joyful so that people around you can be happy and worry-free. Your mouth can be used to speak kind words, encourage everyone to be happy, or comfort them when they are sad.” “Your heart can be open, giving respect, trust, and peace. Your eyes can look at others with compassion. Your body can be used to help others.” “If you can do these things, you have given a lot of alms to those around you! In fact, you are not poor if you know how to give alms! A poor heart is called poor.”
🪷 This city of Rajagaha was a very important place for trade during the Buddha’s time because the city was rich in many kings and wealthy people, to the point that traces of chariots remain to this day.🌿☘️Economics ☘️🍀
🌿Rajgaha was a city with a thriving trade, leading to the birth of a wealthy man, called the Rajgahasethi, a great city rich in wealth.
🌿In those days, trade was carried out by carts pulled by animals until the deep cart tracks were found in the rocks at the foot of Mount Udya, the southern gate of the city.
🌿Anathapindika Sethi brought hundreds of carts of goods from Savatthi to sell in Rajagaha regularly until he met the Buddha at Sitavan near the city and achieved the blissful fruition during his first visit to him.
🍀🍀🍀The Great Wealthy Man of Rajagaha🍀🍀
🍀1-Jotika Sethi The Sethi had a 7-story temple with 7 windows. The temple had a 7-story wall, with a kapok tree growing along the wall around it, and had great treasures, as well as a wife named Satulkaya, who was a deva from the Upper Kuru region.
The wealthy Jotika Sethi obtained these properties because the monks built a temple for the Buddha Vipassana.
Later, the wealthy man prayed to the Blessed One and soon attained the fruit of arahantship, becoming a unique person in the world.
🍀2- The wealthy man Jadila Sethi had a golden mountain of about 80 cubits, rising from the earth behind his house. This was the result of offering golden flowers to the stupa where the Buddha's relics were buried. Later, he took up the vows and became an arahant in just 2-3 days.
🍀3- The wealthy man Mendika Sethi had golden goats as big as elephants and as big as oxen, rising from behind his house in an area of ​​about 8 karisas around it. These are the results of building four golden goats to support the feet of the Dhamma-sana, two more golden goats to support the feet of the floor, and six more golden goats to surround the center, etc. in the Vipassana Buddhist religion.
Mendaka Sethi, a Sotābān, has the support of the religion with four conditions.
🍀4-Punna Sethi, who earned wages for plowing the fields for Soman Sethi, received all the gold pieces. The king sent him to the kingdom, which was 80 cubits high, and he was the one who had the most gold pieces in the kingdom. The king appointed the Sethi as the Puthuthana Sethi.
This is the result of the present merit, by offering alms to Sāriputta, who had just passed away.
Having become a wealthy man, he also offered alms to the monks headed by the Buddha for seven days, listened to the Dhamma of the Blessed One, and attained the fruit of Sotābāṭha with his wife and daughter-in-law, Uttara.
🍀5-Kakavallya Sethi has amassed 7 large pits of wealth. This is the result of the offering of the samsara to Mahakassapatra, who has just come out of Nirodhasamapatti.
🪷In the Atthakatha Ettakka of Visakhamika Mata, it is stated that in the kingdom of King Bimbisara, there were 5 people who had innumerable wealth: 1 Jotika, 1 Jadila, 1 Mendaka, 1 Punna, and 1 Kakkavallya.
Sunday, 1st of the month of Migasira, year of the Ox
Chasak, Buddhist Era 2568
Corresponding to 1 December 2024