How Spirituality Effects Economics Essay Example | Topics and Well Written Essays - 750 words

How Spirituality Effects Economics - Essay Examplenot until recently, not much attention was paid to how the spirituality of people can affect their scotchs. Spirituality has been estimate to be associated with our inner self and has much to do with our non-physical self but our spiritual self, having an encounter with immortal (Russell, 2006). Most commonly therefore, spirituality is said to have a close relation to worship since religion centers on mans realization for a supreme creator. This paper shall discuss the relationship among religion and economics with emphasis on how Christianity, Jewish and Buddhism affect economics. The first factor of consideration with credit rating to religion and economics is consumer behavior. Perner (2008) explains that consumer behavior involves the psychological processes that consumers go through in recognizing needs, finding ways to elaborate these needs, making purchase decisions, interpret information, make plans, and implement these plans. If consumer behavior is a psychological process, then it is very(prenominal) right to say that all cardinal religions greatly affect the consumer behavior of its members. This is because in all three religions, followers are made to understand that God communicates to them through the mind. In Christianity for instance, Jesus is quoted as verbalize that a person would be judged based on the persons thoughts and that For out of the heart mind precipitate evil thoughts, murder, adultery, sexual immorality, theft, false testimony, slander (Matthew 1519). Psychology also deals with the mind. This way, people in the three religion are obliged not to make purchases merely by what they feel like acquire but waiting for the voice of God in deciding what to buy and what not to buy. An another(prenominal) fashion model with Christianity in Exodus 2017 documents that you shall not covet your neighbors house. You shall not covet your neighbors wife, or his manservant or maidserva nt, his ox or donkey, or anything that belongs to your neighbor. Economically, this can be related to the consumer behavior of impulse buying resulting from invidia to own an item. Spirituality therefore restricts worshipers in their purchases and consumer behavior, thereby affecting their personal economy. The second factor on spirituality that affects economy has to do with organizational ethics. According to Change Factory (2010), ethics is a establishment or code of moral prototypes of a particular person, group or profession. Ethics can be given a religious interpretation to represent righteousness because righteousness sets a moral standard by which religious followers are to tread. All three religions expect followers to be of the highest aim of righteousness at the workplace thereby eschewing acts like bribery, corruption, laziness, cheating and pilfering, which are all considered as acts of unrighteousness. In Jewish worship for instance, the rabbinical law on theft and robbery speaks against stealing, stating in Sh. Ar., ?M 3481 that an object which is in the possession of a person without the consent of its owner or any other person having a right thereto constitutes stealing (Jewish Virtual Library, 2008). In economics also, when workers in a given organization work devoid of the negative ethics mentioned, there is sure to be increase productivity and in effect, increased revenue. Once there is increased productivity, there is sure to be economic growth and development. The final factor to be discussed on how spirituality affects economics has to do with the spiritual esteem to faith. Faith may be generally said to be the spiritual hope to receive something that is unseen. In all three religions, faith is very central to their worship. In Christianity, it is said that without faith, it is impossible to