"Three things cannot be hidden for long. The Sun, Moon and the Truth" - Buddha
In the Buddhist Pali canon, satisfaction of basic material needs is seen as a pre-requisite for sila or moral development. In Mahayana scriptures there a broad concern for poverty as an obstacle to spiritual progress and a clear call for direct action/relief as mandatory for addressing the more subtle roots of samsara.
Some of the popular headilines appearing in major news media is worth pointing out. There is great chaos and confusion now as to why exactly capitalism needs a hand-out or bail-out from big government and the people. Why free market mechanisms and financial markets are not self-correcting in democratic systems?
Newsweek predicts the New age of Global Capitalism Begins Now.
To face this Deepest Crisis in Capitalism French President Nicolas Sarkozy, current president of the European Union, has spoken of a need "to rethink the entire financial and monetary system...to create the tools for worldwide regulation."
We need to be careful about the worldwide top-down regulation the French president suggests. Regulation do not promote understanding. Open sharing of knowledge does.
60 Minutes Interview: Shadow Market of Wall Street 10/05/2008
Some are predicting the Crisis Could Shake Nobel Economics Prize
Financial wizards like George Soros, or Corporate and Technology Icons like Warren Buffet, Bill Gates and Nobel Laureates do not seem to have any feasible answer for the long haul.
This is a great puzzle and a human conundrum that require many skillful engaged minds especially minds that can see things "as they are" and function in a wise, unbiased and non-dual way. What kind of mindful system change could meet both the basic needs and higher needs of people everywhere, their elected goverments, the Millenium Goals and sustainable ecology/environment?
What if we as enaged citizens and advocate for transparent debt-free currency system, who feel deeply called to respond to this crisis could make this happen together, just by simply putting our collective attention and intention to understand this issue.
We do have this opportunity NOW! Stay alert but keep the humor
Can we as conscious citizens and engaged Buddhists create our collective future mindfully? It is a social engagement Intention experiment to consciously shift the 'Evolutionary Path' of the planet to create an abundant yet sustainable human-scale economy, a global culture of peace, partnership, genuine free market, unlimited potential for conscious living and right livelihood. Be part of a shared dream, collective solution and joyful r(e)volution Started 08-17-2007 [39 posts]
Sunday, October 5, 2008
You Tube Video List
PBS Commanding Heights: Battle of Ideas for the World economy, Part 1 & 2