Frugal Abundance

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Vincent Liegey & Anitra Nelson:

"The Covid-19 pandemic is already introducing people to the notion and practice of ‘frugal abundance’. Across the world, people and governments are asking: ‘what is really essential?’, ‘what really matters?’ and ‘how might we most easily satisfy our basic needs?’ This pandemic has highlighted the failures and weaknesses of capitalist economies harnessed to profit and growth, where production via long supply chains rupture, leading to unmet demand and widespread uncertainty and anxiety.

In contrast, ‘frugal abundance’ is a key goal and characteristic of degrowth economies specifically oriented to ensuring that all basic needs — food, clothing, housing and health —are securely met. The only abundance for degrowth activists is frugal, reversing the overconsumption and poverty of capitalist growth economies. Through economies of solidarity oriented around collective sufficiency in localised production and exchange, degrowth economies aim to meet every single person’s basic needs. This means that the first principle of degrowth reduction is a reduction in inequality." (