Frugality as a spiritual virtue
Frugality has traditionally been deeply rooted in both Eastern and Western philosophy, religion and culture as a spiritual virtue. In Buddhism, for example, frugality is seen as an essential part of the path to enlightenment. The idea of non-attachment is crucial in Buddhism. This means that one should not depend on material possessions or external circumstances for happiness and satisfaction. By living frugally and moderating in consumption, Buddhists can free their minds from greed and selfishness,
and thus come closer to spiritual fulfillment. However, frugality in Buddhism goes beyond just avoiding excessive material wealth. It also includes conscious use of natural resources, reducing waste and striving for harmony with the natural world. By embracing these principles, individuals can not only promote personal well-being, but also contribute to the well-being of society and the planet as a whole.
Frugality as a revenue model
In early capitalism, frugality became increasingly linked as part of the economy, driven by people like Adam Smith and Max Weber. By striving to reduce costs, improve efficiency and prevent excessive waste, companies could maximize their profits. The value of frugality as a virtue in itself, separate from financial gain, was lost in economic and social thinking.
Frugality as a guidepost in modern society
At a time of increasing environmental challenges and economic inequality at a global level, the time has come to rethink our way of life. In our pursuit of a more sustainable and balanced society, frugality once again proves its relevance.
How do we connect frugality as a value or mindset with more mainstream ideas such as sustainability in business, ethical consumption or distributive justice?
What practices and resources can realize and encourage frugality in our modern society?
What are the possible broader social and economic consequences, both on a large scale and at an individual level?
Café frugalité
As a network organization, we offer a platform with space to raise issues that are central to crucial pillars of society. Café frugalité is organized for and by researchers, students and experts from business and society, around the theme 'Frugality in modern society'.
Stay tuned for stories that inspire, challenge, and expand your understanding of frugality as a powerful, transformative value.
Together we explore and unpack frugality regarding five main pillars
1. Frugality and Business:
2. Frugality and Consumer Behavior:
3. Frugality, religion, spirituality and philosophy:
4. Frugality, education & society:
5. Frugality, policy and sustainability:
Frugal Talks
Frugal Talks: Exploring a Timeless Value
Join us on a journey through time and cultures as we dive into the often overlooked but deeply impactful concept of frugality. Through online Talks, Podcasts and Blogs we will explore frugality as a virtue rooted in cultures worldwide, highlighting its rich history and importance today. Together with our guests we will look at how frugality connects with sustainable living, ethical shopping, and fairness in sharing resources.
With Frugal Talks we aim to offer new perspectives beyond the usual Western views. We'll show how frugality can lead to positive social and economic changes, promoting a healthier planet and fairer society.
We'll also bring together insights from academics and the public, blending traditional wisdom with modern ideas. Let's rethink frugality—not just as a way to save money, but as a key to living a more sustainable and balanced life.
More information on co-hosting a Cafe Frugalite session:
contact Jasmin Hofman via hofman@iss.nl