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Old 12-15-2010, 06:05 PM   #10
allaboutauto.us

Join Date
Oct 2005
Posts
454
Senior Member
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I must agree that (Theravada) Buddhism is about as far from Marxism as possible.

The Buddha's economic teachings to laypeople are about self-reliance, prudence & wealth accumulation.

Buddha taught a layperson spends 1/4, saves 1/4 and invests 1/2 of their wealth.

Buddha taught material happiness for laypeople is 1. owing wealth or property; 2. having money to spend; 3. being free from debt; and 4. having a blameless livelihood.

Socially, Buddha taught there are employers and employees; that employers occassionally share 'special profits'.

Buddhist cosmology is about climbing the ladder.

For me, Buddha would never embrace Marxism because (Theravada) Buddhism is about the evolution of the individual (which requires the development of personal intiative).

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