Tuesday 6 February 2024

Temperance Saves the World


Temperance is a virtue which doesn’t have a prominent place in economic textbooks. Yet the word economy refers to thrift and frugality. Economy allows you to be self-reliant and to survive with little means.

Our popular culture and our company culture seems to go the opposite direction, the direction of ‘never enough’, or is it simply greed? It is much easier convincing people to do something than convincing them not to do something. The reason is the imagined group loyalty. Pleading against something may be seen as a rebellious act, a result of laziness or complacency. Pleading in favour of something big is seen as positivity, energy, and good willingness. As a result, companies do too much and have a total lack of focus. Hyperactivity and Beschleunigung have become a plague.

Temperance is exactly what companies need now. Instead of asking what they should do, it may be worth asking what they should no longer do. The question is equally important in times of scarcity of resources. Leadership is also shown through temperance.

I refer to my blog: “Economic Justification in a Culture of Scarcity”.

Picture by Curtis Yancey via Pixabay

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