Overview

Despite fitful attempts over decades at reform, the global financial system seems to be caught in continuous cycles of boom and bust, instability and scandal. In this timely new book, Joel Magnuson builds on the classic works of E F Schumacher and other kindred spirits, to provide a Buddhist economics perspective on this recurring pattern, and offers new possibilities for real change.

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9781447318941

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Restructuring individual consciousness and restructuring society are complementary activities, and both are desperately needed. The new book of Joel Magnuson shows us the way how to do this. Sulak Sivaraksa, author and founder/chair of International Network of Engaged Buddhists This is an insightful critique of our dysfunctional economic system, informed by Buddhist principles. Magnuson shows that the reforms usually proposed cannot alleviate the basic problem: a system that is self-destructive because it institutionalizes greed. And he offers a way forward implied by Buddhist teachings. David Loy, author of The Great Awakening: A Buddhist Social Theory

Restructuring individual consciousness and restructuring society are complementary activities, and both are desperately needed. The new book of Joel Magnuson shows us the way how to do this. Sulak Sivaraksa, author and founder/chair of International Network of Engaged Buddhists

Author Information

JOEL MAGNUSON, Ph.D. is an independent economist based in Portland, Oregon, USA. He is the author of Mindful Economics: How the U.S. Economy Works, Why it Matters, and How It Could Be Different and The Approaching Great Transformation: Toward a Livable Post-Carbon Economy, as well numerous articles in journals and anthologies in the US, Europe, and Japan.

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