Economics

In Economics, Life
On July 24, 2019

What Can Be Done With the Widening Gap Between the Rich and the Poor?

This was the title of a news item:“The 26 richest people on earth in 2018 had the same net worth as the poorest half of the world’s population, some 3.8 billion people.”This reminded me of another report:“A CEO from one of the world's top five global fashion brands has to work for…

In Economics, Religion
On July 19, 2019

Spiritual values that are essential to visualize a “Divine Economy”, a deepening (part one)

A key feature of the divine economy that differs fundamentally from current economic theories is the recognition of the importance of the spiritual advancement of man, along with his material advancement. “Material civilization has reached an advanced plane, but now there is need of spiritual civilization. Material civilization alone will not…

In Economics, Religion
On July 11, 2019

Economic Problems, a deepening (final part)

What makes the “divine economy” different from all the economic systems of the world is its approach to the source of the economic problems and their solutions. In this way, it differentiates itself from all the past and present economic theories and thoughts. ‘Abdu’l-Bahá states:“The fundamentals of the whole economic condition…

In Economics, Religion
On July 3, 2019

Economic Problems, a deepening (part three)

Another problem, that of the survival of the fittest, which originates in human nature, has been man’s legacy from the days when he lived a primitive life in the jungles to the present time. Today it is called competition. “In the world of nature we behold the living organisms in a…

In Economics, Religion
On June 26, 2019

Economic Problems, a deepening (part two)

‘Abdu’l-Bahá explains one of the problems that has had great economic consequences on the world’s nations:“Peace is the pretext, and night and day they are all straining every nerve to pile up more weapons of war, and to pay for this their wretched people must sacrifice most of whatever they…

In Economics, Life
On May 27, 2019

We Need to Replace Money as a Measure of Success

The views expressed in our content reflect individual perspectives and do not represent the official views of the Baha'i Faith.Humanity needs a new yardstick to measure achievement—today we quantify it with money and material gain, the worst possible way to evaluate actual success in life.Money serves as such an inadequate…

In Economics, Life
On May 20, 2019

Karma, the Golden Rule, and Newton’s Third Law

We’ve all heard about the law of karma—or, if you prefer a more scientific approach, the law of cause and effect. Essentially, both describe the same underlying principle.These two laws of karma and causality—the related concepts common to Buddhist, Hindu, Jain and many other religious traditions—essentially say that every action…

In Economics
On April 22, 2019

Practical Economic Suggestions for Everyday Use, Baha’i Blog

It is becoming more evident that the present economic system is dying out and cannot meet the needs of humanity. The gap between rich and poor is getting wider and wider, which has increased the suffering of the masses. The solutions that can heal it have been ignored. It is…

In Economics
On April 7, 2019

Interview with Baha’i Blog

‘Economics of the Future Begins Today’: A Book by Badi Shams, Badi Shams has combined his love of economics and his ardor for the Baha’i Teachings in his book Economics of the Future Begins Today. This book explores some possible ideas for how we can implement Baha’i principles in our daily economic…

In Economics, Life
On February 21, 2019

Small Town’s Simple Approach To Peace

It has been 19 years since one of the churches in our little town started organizing a Peace Walk on the first day of each year and inviting everyone to join. As a Baha'i, I welcomed the invitation. Oneness of mankind and peace on earth is every Baha'i's dream…