Is Philosophy the Cause of the Financial Crisis?

I was reading an write-up around the present monetary crisis. The writer was producing a point around Eastern philosophy and the techniques it differed from that of the West. It was very a effectively written post in a lot of methods. At one point the writer drew the conclusion that the monetary crisis was in the end brought on by greed, and I would concur with that, and as well add that envy comes into it as nicely.

But the writer of the short article seemed to point to Western philosophy as the culprit. He argued that it was the Western tendency to view ourselves as separate from almost everything we see about us that leads to this circumstance. I cannot go along with that. I would really argue that it is the technological energy wielded by the West that has brought on its greed and envy to be such a massive and destructive force in the globe. This has been about considering that the Industrial Revolution started in Western Europe about the 17th and 18th centuries.

I have been to numerous areas in the globe, and I have not noticed that greed and envy are any significantly less prevalent in Eastern nations than in Western ones. I would say that greed and envy are extra or much less uniformly distributed all through the planet.

To my thoughts, the fault lies not in the philosophies of East and West, but in the widespread ignorance of these philosophies. We can study from the philosophies of the East, there is a terrific deal of truth to be located in them. Lots of Westerners have followed their tenets, and have integrated them into their personal way of life. But we can too say that significantly of Western philosophy is equally correct, and equally adaptable to a satisfying life, in harmony with your atmosphere. The essential to this is in how those truths are applied in your personal life.

There is one respect in which I would agree that the discover of Eastern philosophy would advantage people today in the West. When we discover these philosophies, every thing around them appears new and fresh to us, although they have been in existence for a quite long time. It is like getting a hidden treasure. This tends to make it probable for us to strategy them without the need of also quite a few preconceived notions around them. The trouble with the Western philosophies is that they are as well familiar, or at any rate, they are expressed in terms that SEEM familiar, major us to think that we know all around them, so there is practically nothing we can find out from them. Such a notion is a error, but an understandable one.

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