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Contemplative Economy and Contemplative Economics: Definitions, Branches and Methodologies

  • Xabier Renteria-Uriarte
Chapter

Abstract

Renteria-Uriarte examines the economy and economics from the perspective of contemplative knowledge. The economy is a manifestation of deep consciousness, and economic agents choose between alternatives by connecting or disconnecting their consciousness from it, that is, acting ignorantly as homo economicus, with more awareness as homo socioeconomicus and eticoeconomicus, or with full realization as homo deepeconomicus. Contemplation helps agents act according to wu-wei, karmayogi and appamada actions, and in flow or optimal experience—states which cultivate absorption in the tasks and remove the ego and its related rational cost–benefit analysis. This allows them to know the economy as it really is: a space of abundance without the illusion of scarcity, where self-realization, rewarding work and constructive human relationships arise, accompanied by simplified consumption, equitable incomes and stable prices.

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Authors and Affiliations

  • Xabier Renteria-Uriarte
    • 1
  1. 1.University of the Basque Country UPV/EHUBilbaoSpain

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