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How to apply Buddhist economics to life and the role of Buddhist economics in the free market
Buddhist economics is indeed the view of a few scholars. In fact, there is no such classification in the field of economics.

According to my personal understanding, economics mainly focuses on economic phenomena and economic laws in social activities, among which the most direct problems are as follows: supply and demand (whether it can be bought), value exchange (how much money can be bought) and management (who will control the market).

From the end point of economic supply and demand, our needs are the cause, our actions are the cause, and our influence on other people and things is the result. For example, we need food, so we have driven enterprises that produce and manufacture food. Then, the shopping mall industry and other transportation and warehousing service industries that promote the exchange of catering products are formed, and our preference for a certain catering product directly affects the quantity of products, the result of exchange purchase and the income of employees in shopping malls and other manufacturing enterprises.

From the point of view of economic supply and demand, the purpose of enterprise manufacturing is to promote the market of its products, but in fact this is the feedback of the enterprise to the market demand, and the behavior of the person in charge of the enterprise determines the operation of the enterprise. Therefore, the demand of the market is due to the formation and expansion of the market, and the successful occupation or failure of the market is the result. Among them, influence is the end consumer and the initial decision maker.

From the Buddhist point of view, all actions have a cause, a fate, and then a result. From the combination of fruit, a new cause and effect is formed. In other words, everything is impermanent, changeable and not static. The economic chain from the beginning of supply to the completion of demand must be carried out within a reasonable and normal range. When various internal and external conditions (edges) are not timely fed back and handled, or are not handled properly, wrong behaviors will occur, causing new changes and forming new causes and effects. Economically speaking, different economic environments, conditions and means are changing economic behaviors and decisions. Everything is impermanent, and no one can manipulate the behavior of the market. This is the meaning of the so-called "hand of God" in the West.

The main content of economics is the influence of economic leverage on the market and people's lives, and the operators and implementers of leverage are actually people, not ourselves. We all participate in it and change its process and result through our own actions. On the surface, we have no influence on government decision-making, factory production and international trade, but in fact, everyone's tiny actions are affecting others' lives.

Overall economic behavior is actually the amplification of individual economic behavior. In other words, everyone is a member of economic behavior, and they are unconsciously participating in activities that affect the economy and society. Although we personally have no ability to change the overall trend, they are participating in the formation of the trend. For example, when we don't like a commodity, it will have no demand and will be eliminated in the market. In Buddhism, it is the concept of * * * industry and non-* * industry. All personal good and evil may have a weak influence on others, but it will form a huge driving force in the creation of the industry.

Misleading the behavior of all beings is irrational economic behavior and social behavior in economics. In fact, it is people's greedy, acquisitive and selfish foolish thinking in various ways. For example, in the stock market and futures market, some people will blindly invest. In the production field, some enterprises will blindly expand production regardless of market demand. Some people will make fake and shoddy products in pursuit of greater interests and want everything, which is naturally one of the various pains mentioned by Buddhists. These are all reflections of people's own ignorance and troubles, which will eventually affect themselves, such as lust caused by greed and distress caused by unsatisfied desires. Economically speaking, we need to correctly analyze and treat market changes, and we can't be afraid and afraid, nor can we blindly pursue profit maximization, because everything will come to an end.

We should establish a correct understanding and view. All promising methods are mutation methods. As long as it is handled properly, it will produce normal causality, while wrong greed will produce harmful causality. For example, there is no correct understanding of future wealth, no correct method for underground minerals, wanton plunder and exploitation, soil erosion and other geological disasters, which are actually the reflection of the law of causality, and fundamentally the reflection of human self-ignorance.

Therefore, as Buddhists say, people can think like reason, know all kinds of changes in the world through Buddhism, live like reason, and be neither greedy nor jealous.

On the question of market economy, I simply say that the market is the amplification of people's self-awareness. Therefore, normal economic exchange will produce good results, and the wrong attempt to control people's selfishness and greed will produce wrong consequences. Everything is a natural law of cause and effect. There are many things that can be extended, mainly from human desire and greed for love.