The Benefit of Circular Economy in Buddhist Ecological Society

Authors

  • Kannikar Khaw-Ngern, Lampong Klomkul, Chainarong Khaw-Ngern, Phra Samu Pisut Visuttho, Phra Sarawut Puaktuang

Abstract

The purpose of this article was to study the benefit of circular economy in Buddhist ecological society. Qualitative method with documentary study and area studies were used for data collection. Results showed that a circular economy may sound idealistic and is an existing way of doing things that reaching the end of its utility. The economic productivity on a global level is being curbed by the rapid depletion of existing and readily available natural capital such as clean sources of potable water and forests. As resource consumption is expected to surge, the global middle class will double by the year 2030. It means even greater consumption because we consume more as we earn more. This illustrates that we cannot continue to grow as a species and enjoy a high quality of life without changing the way we do things. Thus, the concept meets the perspective of a sustainable economic growth and relies both on innovation and on the collaboration of all economic players. From a Buddhist perspective, environmental problems are caused by greed and endless desire of people. Therefore, any environmental protection strategies must pay special attention to the psychological dimension of human nature. Buddhist principles and beliefs, particularly sila, samadhi and panya can contribute to solve environmental crisis. In addition, circular economy solves the crisis by reusing recyclable materials. The advantages offered by the circular economy are multiple, so people must arrive at entirely sustainable ecological society.

 

Published

2020-02-29

Issue

Section

Articles