Spiritual Environmental Economy and Inclusive Political and Economic Institution
Ji Chou
From a macroscopic point of view, this paper discusses the evolution of economic growth theory and learns that the inclusive political and economic institution based on free market and liberal democracy is in line with the innovation-oriented growth needs. Based on Taiwan’s growth process and current situation, an international comparison study can find out the unique in Taiwan, and its implied dilemma and its impact on Taiwan’s economy.
On four noble truths, we find both Dharma and economics emphasize causality on their analytical study. We follow this tradition to analyze Taiwan’s current predicament and solution. Finally, we explore the formation of the concept of spiritual environmental protection, and the spiritual environmental economics is different from mainstream economics and Buddhist economics, and its importance to today’s society.