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Archival Collection of Talks on Various Bahá'í Subjects

Evolving Toward a Baha’i Economic System

1982

The Bahá’í writings present far-reaching principles on the basis of which our economic and spiritual life will eventually be revolutionized. The practical application of these broad ideals must be worked out over a period of time by economists and other thinkers inspired by Bahá’u’lláh’s teachings. The immediate need is not for a fixed system but for the initiation of a process of experimentation and continual reevaluation through which a new economic system will gradually evolve.

Profit, size and growth currently are principal objectives because size brings power, and power is coveted. For Bahá’ís, the fundamental value structure for decision making is dramatically different. Bahá’í objectives include self-fulfillment through service to humanity, the maintenance of moderation and balance (say, between the material and spiritual rewards of life), the satisfaction of doing one’s best and producing the highest quality work, and the reward of making a positive, lasting contribution to society.