Buddhism under Capitalism

This book explores how Buddhism has spread due to globalized capitalism and how it is impacting Buddhists and Buddhism today. It examines the institutional practices that sustained the spread of Buddhism for two and a half millennia and the adaptation of Buddhist institutions in contemporary global economic systems. Case studies include digital capitalism, tourism, and monasticism from the USA, Tibet, China, Japan, and Thailand.

Format: Paperback / softback
Length: 280 pages
Publication date: 03 November 2022
Publisher: Bloomsbury Publishing PLC

This comprehensive book delves into the intricate relationship between Buddhism and globalized capitalism, exploring how the two have intertwined and influenced each other over time. Edited by two esteemed scholars in Buddhist studies, the book offers a deep analysis of how capitalism and neo-liberalism have shaped global perceptions of Buddhism, as well as the specific impact they have had on local practices and attitudes. It examines the historical institutional practices that have sustained the spread of Buddhism for centuries, highlighting the adaptations that Buddhist institutions have made in contemporary global economic systems, particularly in Europe and the United States over the past century and a half.

Through a series of innovative essays, the book challenges readers to reexamine the complex relationship between Buddhism and secular society. Case studies drawn from various countries, including the USA, Tibet, China, Japan, and Thailand, provide valuable insights into the diverse ways in which Buddhism is being influenced and transformed by the forces of capitalism.

One of the key themes explored in the book is the impact of digital capitalism on Buddhism. The rise of social media and online platforms has created new opportunities for Buddhist teachings to reach a global audience, but it has also led to concerns about the commercialization and commodification of Buddhism. The book examines how digital capitalism has influenced the spread of Buddhist practices, the development of Buddhist-themed apps and products, and the challenges faced by Buddhist communities in maintaining their authenticity and integrity in the digital age.

Another important aspect of the book is the role of tourism in shaping the relationship between Buddhism and capitalism. The growth of tourism has brought economic benefits to many Buddhist communities, but it has also raised questions about the ethical implications of commodifying sacred spaces and traditions. The book explores how tourism has influenced the practice of Buddhism, the development of Buddhist tourism infrastructure, and the challenges faced by Buddhist monks and nuns in balancing the demands of tourists with their spiritual commitments.

Monasticism is also examined as a critical interface between Buddhism and capitalism. The tradition of monasticism has long been a central aspect of Buddhist practice, providing a path to spiritual enlightenment and social service. However, the rise of capitalism has brought new challenges and opportunities for monastic communities. The book explores how monasticism has adapted to the changing economic conditions, the impact of commercialization on monastic institutions, and the challenges faced by monastics in maintaining their traditional practices and values in the modern world.

Overall, this book provides a valuable and thought-provoking exploration of the complex relationship between Buddhism and globalized capitalism. It offers a wealth of insights and perspectives from leading scholars in the field, and will be of interest to students, researchers, and practitioners of Buddhism, as well as those interested in the broader social and cultural implications of economic globalization.

In conclusion, this book offers a comprehensive and insightful exploration of the complex relationship between Buddhism and globalized capitalism. It provides valuable insights into how the two have intertwined and influenced each other over time, and challenges readers to reexamine the connection between Buddhism and secular society. Through a series of innovative essays and case studies drawn from various countries, the book offers a rich and nuanced understanding of the ways in which Buddhism is being transformed by the forces of capitalism. As our world continues to evolve and become increasingly interconnected, it is essential to understand the ways in which different belief systems and cultural practices interact and adapt to the changing economic and social landscape. This book is a valuable contribution to this ongoing conversation, and will be of interest to students, researchers, and practitioners of Buddhism, as well as those interested in the broader social and cultural implications of economic globalization.

Weight: 444g
Dimension: 157 x 233 x 21 (mm)
ISBN-13: 9781350228337