Buddhism under Capitalism

By: Richard K. Payne and Fabio Rambelli

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Synopsis: This book argues that Buddhism has spread due to globalized capitalism, and explores how capitalism is also impacting Buddhists and Buddhism today. Edited by two leading scholars in Buddhist studies, the book examines how capitalism and neo-liberalism have shaped global perceptions of Buddhism, as well as specific local practices and attitudes. 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-particularly in Europe and the United States over the last century and half. These innovative essays on the interfaces between Buddhism and capitalism will prompt readers to rethink the connection between Buddhism and secular society. Case studies include digital capitalism, tourism, and monasticism, and are drawn from the USA, Tibet, China, Japan, and Thailand.