The Karma Theory of How Things Happen

by Traverse Legal, reviewed by Enrico Schaefer - October 8, 2007 - 'The Greatest' Philosophy

One of the more interesting theories of how and why things happen is wrapped up with the general notion of karma.  Karma doesn’t buy in to the luck theory of arbitrary results.  Instead, people get what they deserve.  They reap what they sow.  People can never escape their prior karma; they can affect their future through good deeds and intentions. 

Karma has never been suggested as an economic theory.  It is hard to know how to judge a particular act within the context of capitalism.  Moreover, karma always requires a judgment about good and bad and thus good karma and bad karma.  If I look at those that are most successful economically, it is hard to imagine that karma played a predominate role.  But those people who are successful across the board implicating both financial and social criteria do seem to have achieved what they intended and irrespective of a value judgment.  Karma falls short of explaining why and how things get done in that it undervalues the ability of man to affect what’s happening around them.

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Enrico Schaefer

As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.

Years of experience: 35+ years
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This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.