I. Five Precepts as the Foundation of Ethical Economics
The Buddhist “Five Precepts”, are: not killing, not stealing, no sexual
misconduct, not lying, no consuming of intoxicants – as standards for being human, and
as standards for developing modern enterprises and economic-markets. In society,
currently, where materialism excels over anything else, people use all kinds of
approaches to make money, even refuse to have anything to do with, or at the expense
of kin and friends - bent solely towards profit - severely affecting people’s ethical
views. If our social system, with different societies, families, enterprises, units and
government-departments, etc., lose minimum “credit” - our societies and families
would lose their ethics on their own accord/account. Being rich materially and
extremely poor spirituality leads to the disorder of society and breakdown of family;
and accordingly, our living circumstances become worse and worse, the consciousness
of “credit” becomes weaker and weaker, people worship and become addicted to
money, like animals, and our societies become corrupt and degenerated