The Sufficiency Economy Principles Found in Buddhist Scriptures

Abstract

This research aims to 1. study the concept of the sufficiency
economy philosophy and 2. study the principles of sufficiency economy in
Buddhist scriptures.
This is a documentary research. The research results found that the principles of sufficiency economy in Buddhist scriptures refer to happiness, prosperity in life and society. They appear in the Tripitaka, namely, practicing the principles of ditthadhammakatthasangwat, tanikadhamma, and bhokaviphakdhamma in spending and dividing wealth, the principle of contentment, and having good self-immunity, in accordance with the principle of self-reliance, the principle of kulchiratthitidhamma, and the principle of sappurisadhamma. The principles of sufficiency economy in Thai society were initiated by His Majesty King Bhumibol Adulyadej, Rama IX. They consist of 5 components, called the three circles and two conditions. The application to achieve results in life starts with correct knowledge and understanding, being reasonable, being a person who is eager to learn, knowing oneself, sacrificing for the public good, being far-sighted, and having morality.