Basic Material Wealth
Not bad or good, necessary for spiritual progress and personal happiness
Avoid greed - leads to craving
Contentment is greatest wealth
No attachment to wealth, causes suffering
Put wealth to maximum use, wastefulness is deplorable and anti-social
Wealth and Ethics
3 kinds of people
Blind person, can't see wealth or ethics
One-eyed person, sees how to acquire wealth, but no ethics
Two-eyed person, sees both
Dark and light people
Caste system of wealth
3 Ways to earn wealth
Unlawfully and by violence
Unlawfully and lawfully by violence and without violence
Lawfully without violence
Right Livelihood
Farming
Business
Earned through hard work
Ways to spend wealth
Saving - worst
Own-happiness only - not great
Own-happiness and sharing - best
For more wealth and attachment, bad
Without attachment, good
Government Management
Solve problem of food first, at root of all other problems
Limitations of Wealth
Cannot bring it with you
Craving is endless
Cannot buy longer life
Wealth cannot purify
Wisdom is better
Buddhist vs Modern Economics
Modern says work = necessary evil
B = chance to develop faculties, join in a team, create goods and services for society
Natural resources wasted
B = non-violence towards all sentient beings