Economics and Spirituality || Acharya Prashant

Full Video: The One thing we forget about money || Acharya Prashant (2022)

Transcript

00:00What shape the economics of a place takes depends on the value I accord to this object

00:07or that object.

00:09Spirituality tells you what exactly is valuable in life.

00:12Good spirituality is therefore good economics.

00:15If you are not a spiritual person, then you will make all economically unwise decisions

00:20in your life.

00:21As people do, we do not know what to purchase, we do not know what really is valuable.

00:26Even in the material domain, how do you decide, for example, which car to purchase?

00:29How do you decide whether you need to rent a house or buy it?

00:33And if you are not wise enough, then you will end up buying a house where a rented thing

00:38might have sufficed.

00:39And you very well know what's the duration of the home loan EMI, 20 years.

00:43Now for 20 years, you are in bondage.

00:45It will look like a financial transaction.

00:48But what has happened is actually a spiritually unwise decision.

00:51You didn't know whether that house is really of great utility to you.

00:55And why didn't you know that?

00:56Because you do not know who you are and therefore what you really need.