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5th Jaina Sahitya Gnan Satra Chinchani 21-22 March, 2009
The Importance of the JAINA Concept of Business in the Current Global Depression
Paper Presented by
| Dr. Rashmikumar J. Zaveri Before we discuss the main subject, let us see the root causes of Economic Depression. The main culprit is GREED - unbridled desire to earn and accumulate more and more wealth and uncontrolled wish to live ultra-luxurious life. Not only individuals but corporate bodies, banks and financial institutions too go 'out of way' to attract more and more customers / clients by offering attractive returns. This turned out to be a global phenomenon and stock exchanges and commodity markets of almost all the countries went to dizzy heights recording now ‘highs.' Ultimately, the bubble burst. First American giants failed and this had cascading effect across the world crossing all geopolitical borders.
Now let us see how Jainism addresses this issue of Economic Depression. The first and foremost principle of Jainism is to control one's passions (four kashays) - particularly GREED. Bhagawan Mahaveer has said that - "loho savva vinashano' - greed destroys everything. The Jain Philosophy is essentially a super spiritual ideology, with the final emancipation from the mundane state as its summum bonum, which means end of the perennial sufferings. A very relevant corollary of this high objective is that the sufferings in the worldly life also cannot be mitigated through material and economic developments only. the whole humankind is making strenuous efforts for such developments through ( ŞlloERI-4 SSSSS xc ses do sisècu şilot2121-4
