Both Buddhism and socialism seek to provide an end to suffering by analyzing its conditions and removing its main causes through praxis.
Both also seek to provide a transformation of personal consciousness (respectively, spiritual and political) to bring an end to human alienation and selfishness.
[1] People who have been described as Buddhist socialists include Buddhadasa Bhikkhu,[2] B. R. Ambedkar,[3] S. W. R. D. Bandaranaike[citation needed], Han Yong-un,[4] Girō Senoo,[5] U Nu[citation needed], Uchiyama Gudō,[6] Inoue Shūten, Norodom Sihanouk,[7][8] Takagi Kenmyo[9] and Peljidiin Genden.
[2] He believed that socialism is a natural state[11] meaning all things exist together in one system:[11] Look at the birds: we will see that they eat only as much food as their stomachs can hold.
Just like there is Christian socialism as a system of ideas in Christianity, there must be also Buddhist socialism in Buddhism.Tenzin Gyatso, the Fourteenth Dalai Lama of Tibet has said that: Of all the modern economic theories, the economic system of Marxism is founded on moral principles, while capitalism is concerned only with gain and profitability. ...