We often associate Mindfulness with things like increased productivity, focus and emotional wellbeing. Beyond these basic gains did you know that it can also reduce your living expenses? …And could this mean that mindfulness is potentially bad for our economy?
This article from Bank Underground UK, explores how economies thrive on people trying to buy ‘happiness’ by becoming compulsive consumers of things they don’t actually need. As we become more mindfully aware of what we want, and why we want it, we’re more likely to achieve that peaceful mental state where we realise that what we already have is ‘enough’.
A mindful economy could help us lead a simpler and more satisfied life, as we learn to shop for utility instead of seeking fruitless ways to fill that bottomless pit of desire.
Enjoy the full article below about the effects of us becoming more mindful consumers.
Less is more: what does mindfulness mean for economics?
Dan Nixon. Economic theory generally assumes that more consumption means greater happiness. This post puts forward an alternative, “less is more” perspective based around the concept of mindfulness. It argues that we may achieve greater happiness by seeking to simplify our desires, rather than satisfy them.