Managing Prosperity through a Minimalist Lifestyle: Social and Economic Implications
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Abstract
The minimalist lifestyle trend is gaining attention in modern society, with many individuals turning to a simpler way of life and reducing their consumption of unnecessary material goods. Minimalist lifestyle is believed to improve individual well-being, both from a social and economy aspect. Socially, reducing pressure to fulfill materialistic norms can help individuals focus more on more meaningful life experiences, such as social relationships and intrinsic happiness. On the economy side, minimalism leads to wiser financial management and reduces stress stemming from overconsumption. However, adopting a minimalist lifestyle is not always easy, especially in societies that still heavily prioritize social status over consumption. A better understanding of minimalism and the implementation of policies that support sustainable consumption can help expand the benefits of this lifestyle. While there are some challenges in its implementation, especially in relation to social and economy differences, the minimalist lifestyle has great potential to improve quality of life and overall well-being.
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References
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