Philosophically, dhammic socialism is based on this principle: none of us should take more than we really need. We should share whatever extra we have with those who have less. Social problems are fundamentally a result of greed. In other words, greed is at the heart of scarcity and poverty. Buddhadasa’s individualistic approach to social and economic problems, solved by the personal practice of self restraint (sila, “precepts,” and vinaya, “discipline”) and giving (dana), reflects, in many respects, his Theravada Buddhist worldview. Within the modern economic situation, however, he did not take into sufficient account the issue of scarcity and poverty at the structural level caused by the global market economy. Perhaps this was not as clear to him at that time as it is to us today.