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I just read one of my readings, titled "Buddhist Economics" (by E. F. Schumacher). It is like, damn weird... but it is rather interesting. Basically the guy postulates that the modern "accepted" idea of economics is a faulty one, merely a habit rather than the most efficient one. So we should aim to achieve maximum satisfaction from minimum consumption, instead of just blindly trying to increase consumption in hopes of somehow attaining maximum satisfaction.
And so, according to him, we should also reverse globalisation (why bother reaching so far when you should be able to find everything near you?), go back to traditional patriarchal society (because having women working instead of looking after kids is unproductive and takes away jobs from men), and conserve our non-renewable resources.
Maybe in an alternate universe that might work. Unfortunately, since the world does not seem to have a restart button, and most of the world is already inevitably shaped a certain way, this radical restructuring he advocates is probably always going to be just words written in an academic journal. And actually I'm in two minds whether I even want something like that to work... I guess the whole world is just afraid of change.
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