17.11.2014 Views

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

168<br />

The Meaning of Sufficiency Economy <br />

International Conference<br />

Sustainability<br />

Sustainability means different things to different people. Sometimes when<br />

business people talk about sustainability they are only referring to the ability of a<br />

business to continue indefinitely. In stricter circles it is more precisely defined. Six<br />

generally accepted essential characteristics of sustainability are discussed below in<br />

how they relate to the Sufficiency Economy Philosophy and our research.<br />

Triple top-line value production<br />

Triple top-line (TTL) value production is more commonly referred to as triple<br />

bottom-line value production. This places a premium on creating value not only in<br />

financial accounting terms but also in terms of social and environmental impact.<br />

The modification in the term to top-line production is to emphasize the importance<br />

of all three factors as opposed to the traditional bottom line figure.<br />

All of these companies are fully cognizant of the triple top-line and all are<br />

actively working toward increasing impact in all three areas. One company while<br />

building a financial bottom-line that has been strong enough to allow them to pay<br />

back the debt (to themselves) incurred in start-up, triple the number of employees,<br />

and double the size of their restaurant, have done this serving only organic foods,<br />

recycling all materials, and serving meals to low-income and no-income people six<br />

days a week. <br />

The TTL demonstrates a basic level of morality in a business. It more<br />

specifically displays reasonableness, harmlessness, and generosity.<br />

Nature-based knowledge and technology<br />

O n e o f t h e k e y t e n e t s o f B u d d h i s m i s t h e c o m p l e x c o n c e p t o f<br />

interconnectedness. This is reflected in the interconnection of nature. Nature based<br />

knowledge and technology starts with recognizing and understanding that we are a<br />

part of a single ecosystem. Like every other participant in this system, what we do<br />

impacts the whole system. This understanding should lead a reasonable person to a<br />

middle path of moderation rather than a path of over-consumption and overproduction<br />

of all things, over-extension debt, and over-use of the environment as a<br />

resource and a waste receptacle.<br />

Today’s business is overly competitive and aggressive. Studies have shown<br />

that aggression in animals is caused by a number of factors. An animal that is<br />

injured or whose life is threaten will become aggressive. 11 Other studies have been<br />

done to show that additionally aggression in humans is a result of competition. 12<br />

11<br />

Hind, R.A., Aggression in Animals, Proceedings of the Royal Society of Medicine, 1970<br />

February; 63(2): 162–163<br />

12<br />

Baron, Robert A., Richardson, Deborah R., Human Aggression 2nd Edition, p. 343, Springer,<br />

Plenum Press, New York, NY, 1997

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!