From the employer’s point of view, labor is, however you look at it, a mere cost item that, if it cannot be eliminat, say, through automation, must be ruc to a minimum. From the worker’s point of view, labor itself has a negative utility.
To work means to sacrifice leisure and comfort
Wages are a kind of compensation for this sacrifice,” writes Schumacher in the chapter “Buddhist Economics.” But it is often forgotten that work is also an opportunity for a person to apply and develop their abilities, to unite with others for a common task, and to create truly useful things (or services).
Work is not an alternative to leisure;
These are two complementary things that cannot be separat. That is why a business to a person and his labor, and not to the goods produc, has a better chance of success. But there is another part of the “labor problem”: after all, some goods can only band database be produc by hard labor, and it, in turn, wastes human capital.
However, instead of automating such tasks
“Buddhist economics” suggests… revising consumption. Materials on the topic Causes and Consequences: The Complete Guide to Unemployment What types of unemployment there are, how it is calculat, and why it is not growing amid the having a website is an ideal medium crisiswe answer “embarrassing” questions on this topic. “Buddhist Economics” is not only about the importance of the individual, but also about optimization and the power of the local.
The idea is that a product that satisfies specific
Nes can be creat with the least amount of effort. For example, if clothing is ne to maintain a comfortable temperature and an attractive appearance. S then preference should be given to durable clothing. The production of which requires as little hard tg data work as possible. And the less ne for hard work, the more energy remains for art and creativity.