Wednesday, January 8, 2025

Model Essay: Examine Buddhist views of wealth.

 

  1. Examine Buddhist views of wealth. [10 marks - AQA]

Plan:

·        Wealth is not an inherently bad thing, but can lead to craving which is bad.

·        Wealth is useful as it helps us to practise generosity (Mahayana)

·        Wealth should be used properly – Ven Payatto (right consumption)

·        Right livelihood as a part of sila can be related to wealth.

The view of wealth within Buddhism depends on a variety of factors, but perhaps most importantly, on one’s ordination status. The Buddha set up the sangha after gaining enlightenment, and taught that realising nirvana would only be possible for those who renounced their lives to become ascetics. Part of the renunciation involves giving up one’s former name, status and previous possessions, this is based on the Buddha’s own experience of renouncing his throne as the prince of the Shakya clan in order to pursue the end of dukkha. The Buddha offered clear teachings on wealth to monastics: monks and nuns are forbidden from having their own possessions beyond their robe and begging bowl, and their reliance on alms signifies this. Furthermore, monks and nuns are not even aloud to touch money, and would not accept monetary donations from the laity. This is because owning property and amassing wealth leads to inevitable craving, which causes suffering and dissatisfaction with one’s life. Further dukkha is also caused by any loss of wealth, and anxieties about money. The ultimate goal of Buddhism (nirvana, enlightenment) requires total non-attachment, so for monks and nuns, wealth is seen as vice that must be given up.

However, it could be argued that this view of wealth has developed somewhat in the 21st Century. A good example is the Wat Phra Dhammakaya movement in Thailand, where monetary donations are accepted to advance the life of the sangha and help others. Other modern movements, such as Triratna Buddhism (the largest Buddhist centre of this kind being based in London) also handle money and may have business-aspects to their daily life. This shows that that Buddha’s teachings on wealth do not apply to all sangha. The laity within Buddhism are also not forbidden from amassing wealth, unlike other world religions (for example, the Bible suggests that “money is the root of all evil” and Jesus instructed his followers to practice radical and voluntary poverty). Wealth is in fact seen as a good thing for lay people, provided it is used with kusala (selfless) intentions. Those who do have wealth are in a privileged position of sharing it with others, and gaining good karmic consequences as a result. This is particularly important for Mahayana Buddhists, who are required to practice both karuna (compassion) and generosity via the 6 perfections for moral behaviour.

Ven. Payatto has commented that Buddhists should be mindful of how they use their money, particularly within the trappings of a capitalist society. He suggests that “right consumption” is important in today’s world, and that Buddhists should avoid businesses and lifestyles that lead to the suffering of others. Buddhists are likely to therefore support Fair Trade and often boycott businesses related to human and animal suffering, such as butchery and fur. There are also actions within sila that help guide Buddhists on how to use their wealth: right intention and right livelihood show that wealth should be used to help others and not just privilege oneself (this would be an akusala intention which would lead to bad karma, delaying the acquisition of nirvana). Therefore, those lay people who are allowed to save up their wealth must still use their money morally.

 

 

 

 

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