"All economics, and all cultures and communities derive from distinctive assertions of value. If the values chosen reflect consumption, greed, and violence, they create a far different world than if those values derive from the sacred. E.F. Schumacher, in his path-breaking "Buddhist Economics" remarked on the characteristic kind of economics which arise from the values of Buddhism - on the role and importance of enriching work, of obtaining the maximum well-being from minimum consumption, and of the importance of non-attachment to wealth. He has shown also its effectiveness in creating successful life, culture, and tools.
Reestablishing a value base to our communities involves discovery of the real meaning of a whole range of sustainable values tied to the sacred. Austerity, for example, is important. It does not, as we might think, exclude richness or enjoyment. What it does do is help us be aware of things which distract us from our real goals in life.
When we understand austerity, we see that affluence has a great hidden cost. Its endless possibilities demand impossible commitments of time and energy. It fails to discriminate between what is wise and useful and what is merely possible. We end up foregoing things necessary for a truly satisfying life to make time and space for trivia. As we relearn the value of austerity, along with stewardship, permanence, responsibility, enoughness, work, and interdependence, we create a new and enduring kind of community."
