Thailand values this new economies philosophy as a practical tool to effectively manage capitalism in a way that aligns and engages it with social sustainable developement. In doing,so,Thai hopes that this approach will foster accountability and empower people and their communities. Measure economic developement not just using GDP ,but also by taking the reduction of social inequality and poverty into account. To be a powerful tool for moving the nation overall economy upward . In this globalized world, we too often expect economic decisions to happen quickly without realizing that these hasty choices could adversely affect our lives and the lives of generations that come after us. It could also be argued that many of the past economic recessions resulted from the greediness and shortsighted decision -making of a group of bankers and executives.
We would all do well to keep the three main tenets of this philosophy in mind as we try to change people attutudes, behaviors and way of living at both the micro and macro level