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Why Do We Need Contemplative Approaches in Economics and Management?

In their paper “Why Do We Need Contemplative Approaches in Economics and Management?” (Society and Economy, 2018, Vol. 40, No. 4, pp. 493–496)

Laszlo Zsolnai, Gabor Kovacs and Andras Ocsai recall that contemplative traditions (including meditation) are one of the oldest traditions of humanity. They have been present in all major religions in one way or another.

Economics and management seem to be unrelated to contemplative approaches but recent trends in mindfulness applications in business and the growing interest in Buddhist economics show fruitful connections. The authors argue that contemplative approaches can contribute a lot to economics and management by providing reflective and critical contents and methods for these disciplines. By employing contemplative inquiry management and economics can become more holistic, peaceful and may serve better its ultimate function: helping the flourishing of life on Earth.