Liberty Discussion on “The Dharma of Capitalism”

Liberty Discussion on “The Dharma of Capitalism”

Liberty Discussion is a program designed to engage and inform the core members on the ideas of market economy and classical liberal ideas. Discussions are made on the contemporary issues (local or national) through open market perspective. The article is selected and shared within the members to prepare oneself for the program. The program is organized at the venue of Bikalpa – an Alternative on every alternative Saturday (twice a month).

On, Saturday, 13 April 2019, regular participants gathered on the Bikalpa office for the regular formal Liberty Discussion. The discussion was titled in Article “The Dharma of Capitalism”.

It was as like ongoing discussion. The topic for the discussion member was not naïve. During the discussion, participants discussed the moral ground of business and ethics in the market.  There is a good and bad player on the market. The market provides ethical ground to the people which permits them to voluntarily cooperate. It creates an obligation of duties to the player in the market. In the article, the author also had argued about the word Sanskrit “Dharma”. It derives from the Sanskrit root dh, meaning to ‘sustain’ and ‘hold up’ like a foundation. It is the moral law that sustains an individual, society and the cosmos. From its root ‘to sustain’ dharma carries the connotation of ‘balance’—it is the balance within each human being, which is reflected in the balance and order of the cosmos. When individuals behave in accordance with dharma there is order, balance, and trust within society. On that contrary, some of the participants related to that the market doesn’t work the way we think. They also related it with the Nepalese market perspective where the state protects the market and there is no legitimate way to do the business. So, we need to reform the things where every individual are allowed to enter the market freely.

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