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Normative Buddhism and Capitalism

What does normative Buddhism have to say about capitalism, obscene inequality, commodification of everything, exploitation…? Normative Buddhism—the core, scriptural teachings found in early texts like the  Pali Canon —does not directly use 19th- or 20th-century political terms like "capitalism". However, it contains a clear, systematic critique of the exact psychological and social mechanisms that drive global capitalism:  insatiable greed ( lobha ), institutionalized craving ( tanha ), and the exploitation of living beings .  [1, 2, 3]  Normative texts address these systemic issues through a distinct ethical framework: 💡 1. The Core Critique: Institutionalised Craving ( Tanha ) Modern economic systems rely on advertising and culture to fuel an ever-growing desire for consumption, a dynamic that normative Buddhism directly diagnoses as the root cause of human suffering ( dukkha ).  [2, 3]  The Delusion of "More":  The  Mahanidana Sutta  outl...

Britain: ‘These Former Car Workers Have a Moral Tale For Our Times’

In the late 1960s, a group of sociologists visited then booming Luton, interviewing workers at Vauxhall and elsewhere for a renowned series of books, titled The Affluent Worker. Its central question was: when the working classes get middle-class salaries and mod cons, what happens to their class identity? Sixty years later, Britain is running the experiment in reverse , driving working-class families into deprivation and smashing up their communities.

London Compared: Capitalism. Culture. Individualism. Crime

Comparing London to two cities, and to Bangkok in Thailand. In London: Fear of the person standing next to you, phone snatching, knife stabbing, you look over your shoulder while walking sometimes, complaining and screaming at, sometimes insulting, staff on buses, cafes and restaurants, shoplifting…. For five months in Pattaya and Chiang Mai, Thailand I have not seen all what I have seen in London. Why? London and Thai cities like Chiang Mai and Pattaya offer vastly different safety profiles, cultural norms, and public behaviours.  Your experience highlights a well-documented contrast between major Western capitals and Southeast Asian hubs. While London is a high-energy global financial hub, it struggles with specific urban property crimes and visible street anti-social behavior. In contrast, Thai culture places a massive premium on public harmony, emotional restraint, and community policing, which fundamentally changes how safe and relaxed you feel on the street.  [1]  H...