Does Spiritual Economics Solve Capitalism?
Does spiritual economics introduced in a previous article solve the problems mentioned of capitalism?
First, the problem of limited resources. Capitalistic growth economics depends crucially on keeping consumer demands going. This is done often by creating artificial physical needs. An example is new annual fashions for women’s garments. It is very wasteful, very detrimental to finite resources.
In idealist economics, as people’s higher needs are met even partially, their physical needs reduce, reducing the demand for consumption reducing the wastage of limited material resources. The economy still expands, but in the higher planes where the resources are unlimited (there is no limit on love and satisfaction!).

There was a revolution in physics at the beginning of the last century, consisting of the discovery of quantum physics.

