Buddhist socialism
type of Socialism that is in accord with the five basic precepts of Buddhism
Buddhist socialism is an ideology that blends Buddhist principles with socialist ideals. It seeks to harmonize the Buddhist values of compassion, non-violence, and mindfulness with socialism’s emphasis on equality, collective ownership, and social justice. The core idea behind Buddhist socialism is to create a society where material needs are met without promoting excessive consumerism, greed, or exploitation, aligning economic policies with ethical and spiritual principles.
