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                             I’m happy to talk about that further if anybody wants to. So, now we
                        have a situation where welfare state democracies, which solve the problem of
                        how do you get both security and choice by trading societies in which there
                        was growth, continuous growth that allows distribution to take place… What do
                        we do now if we can’t continue that way? Not to mention how do we deal
                        with problems like participation demands, disparate of migrants and aging, which
                        is every society told by democracies faces. I think we can do it if we apply
                        sufficiency economy philosophy principles to the problem. I think there is a way
                        out of the dilemma that we face now, and that way out is indicated by what
                        has been the philosophy that has been developed here in Thailand.


                             So, I’m not going to talk about sufficiency economy philosophy. What little
                        I know about it myself because many of you, here, know much more about it
                        than I do.  But I am going to point out to those of you who are not so
                        acquainted that, two of the principles of the three that of that moderation that
                        are the essence of the community, two of those principles are..I think ways
                        that we can start to put in motion a new kind of system which becomes more
                        democratic in dealing with the limits to growth than what systems we’ve had in
                        the past.
                             This is, the slide here is actually, on the left is the direct English
                        translation as it is usually translated of that poster that I saw on the right hand
                        side in many, many places in Thailand. It’s not unusual to see this.. and across
                        the two bottom. It all rests on an idea of knowledge and ethics as it’s often
                        translated but I’m not going to talk about those. I’m not gonna talk about
                        reasonableness because that’s a whole area, each society, they can deal with
                        on their own. But in fact, moderation in immunity, to my knowledge, no country
                        in the world other than Thailand is talking about those principles, and so, I think
                        that, that was a great role that Thailand plays not only in struggling with how
                        to create democracy for yourselves, but how you help the world understand
                        ways that we can cut back and create the more sustainable democracy and
                        what you could say also, we’re just playing with words, more democratic
                        sustainability.


                             As you know in 1997, His Majesty King Bhumibol is credited for having
           0QFOJOH LFZOPUF BEESFTT   problems that were affecting the countries like Thailand at the time. And, to my
                        introduced the idea of sufficiency economy as a solution to the economic


                        understanding he called for a new development approach, and it was not well
                        accepted by some people of course, particularly by non-Thais. There has been a
                        lot of reactions against the idea of sufficiency economy philosophy. And that
                        reaction was very clearly expressed. In 2007, the UNDP based here in Thailand
                        produced the country report that highlighted sufficiency economy philosophy and
                        the people who wrote that and the agency itself got a lot of reactions. People
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