Li also means religious rites which establish relations between humanity and the gods. According to Stephan Feuchtwang, rites are conceived as "what makes the invisible visible", making possible for humans to cultivate the underlying order of nature. Correctly performed rituals move society in alignment with earthly and heavenly astral forces, establishing the harmony of the three realms—Heaven, Earth and humanity.
Website will not be accessible from 27 June 11 pm to 28 June 9 am due to scheduled maintenance. We apologise for any inconvenience caused. His wisdom provides insights to live harmoniously while remaining economically buoyant.
The fact that Chinese culture and civilisation has evolved for over 5, years and remains relevant today shows that Chinese cultural values have been able to withstand the test of time and space. Confucian teachings have been regarded as a moral option that regulates the average Chinese mindset and behaviour regardless of their religious background.
Besides, they also serve as a practical guide to regulate the conduct of behaviour through virtues and rites of the lives of millions of people in China, Japan, and newly industrialised countries NICs of East Asia such as South Korea, Taiwan, Hong Kong, and Singapore.
Government Economics Policies The influence of Confucianism has significantly impacted political leadership styles. In fact, for countries under the influence of Confucianism, the government often acts as a role-model for the people to emulate. In attempting to explain Confucian government macro-economic policies, it may be useful to examine some of the key government macro-economic policies implemented by countries under the influence of Confucianism as per Table 1 by using the four factors of production: In The Analects 11, 15 for instance, Confucius says that to go too far is the same as not going far enough.
Governments have to regulate the financial industry appropriately and closely. This will increase the confidence of the general public to save, Governments must spend wisely by continuously creating budget surpluses thus increasing government reserves, Governments have to continuously fight corruption and emphasise the benefits of having a clean government.
Moral character and integrity of the government cannot be compromised, Governments should make a continuous effort to attract foreign direct investment FDI and increase export competitiveness. Resulting in accumulated foreign reserves over the long-run, and This will increase the level of funds available for investment at relatively lower interest rates cost to support economic growth and development.
Economic development and prosperity requires a blending and balancing of a right work culture with entrepreneurship within a politically and socially-stable and harmonious society. Thus, a tentative Confucian Economic Development model is presented in Diagram 1.
This article is not written solely to promote Confucianism as the right culture and answer for everything.
It is almost impossible to put forward a model that can provide an answer to this dynamic, ever-changing, and complex world. If there is one, it would have over-simplified the intricacies in understanding the world economy.
The world today is much more sophisticated and intricate to understand and manage as compared to one century ago. Nothing is certain except uncertainty itself. The importance of having a free economic system cannot be denied or reversed.
However, to ensure that it operates reliably requires some form of control or regulation through government policies and an effective and relevant culture to circumscribe the modus operandi of the economic system and activities.
The model can be briefly explained in the following manner:He contrasts China's Confucian society, where the family is paramount but there are few viable institutions between the family and the state, with another Confucian society, Japan, where many such intermediate institutions sprang up a century or more ago.
Properly related, Confucian virtues may in fact be applied to the life of the Filipino family.
In this age of information technology, the relevance of the family should not be underestimated. Upholding traditional values in the family may, in fact, be the answer to the questions on family breakdown.
Confucian Values in Relation to Filipino Values Relation of Confucian Values with Filipino Values Moral, values and ethics define who we are and what we believe. Culture, religion, and many other things affect our . The Economic Value of Confucianism culture and civilisation has evolved for over 5, years and remains relevant today shows that Chinese cultural values have been able to withstand the test of time and space.
Confucian teachings have been regarded as a moral option that regulates the average Chinese mindset and behaviour regardless of. Confucian virtues and Chinese adolescent development: a conceptual review.
Shek DT, Yu L, Fu X. Despite the fact that different Chinese communities have already undergone industrialization and urbanization, Confucian virtues are still regarded as developmental ideals in Chinese culture.
Confucian ethics is characterised by the promotion of virtues, encompassed by the Five Constants, Wǔcháng (五常) in Chinese, elaborated by Confucian scholars out of .