King's Philosophy and the Sustainable Human Capital Development

Abstract

Learning economic crisis from the past was great chance for Thais to recheck ourselves and seeking the way for a sustainable life which will not being under the negligence again. We found the warning of our Majesty King Bhumibol Adulyadej on precaution of balancing between country's economy and society since 1974. He also suggested the step way developing country which were 'enough' and 'self-sufficiency', and these became clearly when he delivered a philosophy of sufficiency economy to his people on 4^th December 1998.