Notions of scarcity: are you hoarding wealth?
Dean Spade, a trans lawyer believes scarcity pushes people to hoard wealth:
…capitalism is always pushing us toward perfection, creating ideas of the right way to be a man or a woman or a mother or a date or whatever that people cannot fulfill. The goal is that we’ll constantly strive and buy things to fill this giant gap of insecurity that is created.
You can never be too rich or too thin (greed) or rich enough or thin enough (insecurity). Capitalism is fundamentally invested in notions of scarcity, encouraging people to feel that we never have enough so that we will act out of greed and hording and focus on accumulation.
Spade is the creator of Enough, a space for conversations about how a commitment to wealth redistribution plays out in our lives. He wants us to challenge capitalism in daily, revolutionary ways.
For me personally, I’ve never had an issue with capitalism (or felt compelled to resist it); but Spade’s thoughts gives me reason to think about how I can strike a healthy balance between financial security and hoarding wealth.
At Queercents, I write about saving for retirement, buying real estate, managing investments, and developing our careers or entrepreneurial pursuits. These are all topics I love, but yet, at what point is it finally enough? I’ve often wondered what form my next blog project might take when I’m finally done with money.
Leo Babauta of Zen Habits thinks we should let it all go:
Just remember that holding onto your money doesn’t bring more of it to you. It does just the opposite. Holding onto or hoarding your money (in fear) is evidence enough that you don’t think there is enough.
How have you figured out what is “enough” when it comes to making and saving money?
Photo credit: stock.xchng.