Asian Economic Crisis and the Crisis of Analysis: A Critical Analysis through Buddhist Economics

Puntasen, Apichai

doi:10.1057/9780333982914_4

Cited by 3 publications

(3 citation statements)

References 1 publication

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“…The emerging concept of SLW shows that it embedded the three tenets from the SEP—moderation, reasonableness, and self-immunity, which can be also expressed as the cognitive and behavioral dimensions of an attitude. According to Puntasen (2004), sufficiency thinking integrates both cognitive and behavioral aspects. The three dimensions of the SLW corroborate the three principles (see the definitions by Barua & Tejativaddhana, 2019, p. 195–196): moderation related to avoiding extreme and overindulgence in the need for higher wage (or a living wage); reasonableness implied to an understanding of the causes and consequences of the wages for instance spending only within the means; and self-immunity implying protection from future changes that could result by saving the wages.…”

Section: Discussionmentioning

confidence: 99%

A Qualitative Construction of Sufficiency Living Wage in Thailand Based on the Sufficiency Economy Philosophy

Yoelao

Mohan

Sombatwattana

2019

International Perspectives in Psychology

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In our world where economic disparities are slowing down progress, the call for adopting living wage policies for workers seems to be essential for sustainable human development. This research endeavored to identify the meaning of a “living wage” in concurrence with the sufficiency economy philosophy (SEP), by developing a new concept of “sufficiency living wage” (SLW) in the context of Thailand. A qualitative approach was adopted to examine how minimum wage earners interpret SEP and merge it with their perceptions of living wage. Twelve employees, working at a riverside resort in Thailand, were invited to join the research, as they represented workers who had absorbed the concept of SEP at their work. Interviews were used for data collection. From the thematic analysis of the interviews, two main themes emerged to derive meaning of the SLW from the workers’ experiences. The first theme about the “sufficiency of wages” emerged from the understanding of participants about the 3 tenets of the SEP—moderation, reasonableness, and self-immunity, when applied to a living wage. The second theme was the “psychological utility of wages,” which was valued in terms of tangible and intangible components of perceived utility of the SLW. These findings could be of significance to not only the workers but also to employers, as the emerging concept of SLW could support providing affordable and sustainable living wage. From an applied perspective, it might be beneficial to develop the construct of SLW quantitatively and examine its impact on work and life outcomes.

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Section: Discussionmentioning

confidence: 99%

A Qualitative Construction of Sufficiency Living Wage in Thailand Based on the Sufficiency Economy Philosophy

Yoelao

Mohan

Sombatwattana

2019

International Perspectives in Psychology

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“…Efficiency in resources utilisation is something that is central to mainstream Western economic thinking; how to extract maximum resources at minimal cost. In a Buddhist way of thinking this is inefficient utilisation of resources, because such maximising of consumption goes beyond the needs of maintaining one's own life (Apichai Puntasen 2000). In contrast to the classical economic equation of maximum consumption leading to maximum satisfaction, Buddhist thinking emphasises moderate, or wise consumption, leading to well being.…”

Section: Perspectives On Local Territorialisationmentioning

confidence: 99%

The territorialisation of rural Thailand: between localism, nationalism and globalism

Buch-Hansen

2003

Tijd voor Econ & Soc Geog

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This paper shows how the control over land and resources in rural Thailand in the present phase of globalisation is a struggle between economic, social and political powers at the global, national and local level. Ever since Thailand was integrated into the world market by signing the Bowring Treaty in 1855 and especially after it embarked on rapid development in the late 1950s economic growth has changed the rural (and urban) landscapes. Since the mid 1980s, export-oriented manufacturing industry has led Thailand into the present phase of globalisation by further liberalising its economy and increasingly leaving natural resources open to be exploited. Two socio-political tendencies have been competing in influencing territorialisation of rural Thailand. However, decentralisation and devolution of power promote local institutions that emphasise various degrees of self-reliance and sustainable utilisation of natural resources opposed to further liberalisation on the world market as promoted by national and transnational businesses and global institutions like the WTO Agreement on Agriculture. Territorialisation of rural Thailand and management of local natural resources is therefore contested space where institutions at the local level operate in a contextual framework of policies formulated at the global level and implemented through national government agencies. The conflicts inherent in the multi-layered process of local territorialisation are blurred by the different institutions at different geographical levels having different perceptions of the environment. Political ecology or political environmental geography - promoted by a 'counter-coalition' of potentially like-minded actors operates on various levels in developing alternative territorialisation premised on socially just and sustainable livelihoods. Such approaches, it is proposed, are crucial to the study of local development in the context of globalisation. Copyright 2003 by the Royal Dutch Geographical Society KNAG.

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“…Bármely kezdeményezés, amely figyelembe veszi a buddhista gazdasági stratégia öt jellemvonását, a buddhista gazdasági gyakorlat megvalósításának tekinthető, így nem is szükséges buddhistának vagy közgazdásznak lenni ahhoz, hogy valaki a buddhista közgazdaságtant gyakorolja (Payutto, 1994). Puntasen (2004;2007, p. 190) A mértékletesség az alacsony szintű, kis környezeti terheléssel járó fogyasztást, az egyszerű életmódot és a tudat spirituális javakra való nyitottságát jelenti. Szinonimái az önmegtartóztatás, a választott szegénység vagy az önkéntes egyszerűség.…”

Section: Zsolnai éS Ims 2006-ban Publikálták "Business Within Limits:unclassified

Keresztény és buddhista vállalkozók értékorientációja

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Asian Economic Crisis and the Crisis of Analysis: A Critical Analysis through Buddhist Economics

Cited by 3 publications

References 1 publication

A Qualitative Construction of Sufficiency Living Wage in Thailand Based on the Sufficiency Economy Philosophy

A Qualitative Construction of Sufficiency Living Wage in Thailand Based on the Sufficiency Economy Philosophy

The territorialisation of rural Thailand: between localism, nationalism and globalism

Keresztény és buddhista vállalkozók értékorientációja

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