Elon Musk recently announced he would be selling almost everything he owns, including all his houses.ª The decision appears to be motivated by concern that his many possessions could make him a target of the poor, and he’d rather not deal with the distractions such conflict would bring.

In an economic downturn induced by a viral pandemic, when involuntary cost-cutting is a necessity both for individuals and organizations, it’s worth remembering there are benefits to voluntary renunciation and frugality:

Men such as Elijah and Elisha became what they were through their courage, perseverance and indifference to the things of this life. They practiced frugality; by being content with a little, they reached a state in which they wanted nothing, and so came to resemble the bodiless angels. As a result, though outwardly insignificant and unnoticed, they became stronger than the greatest of earthly rulers; they spoke more boldly to crowned monarchs than any king does to his own subjects.

—Ascetic Discourse of St. Neilos

As the economic carnage wrought by COVID-19 becomes clearer and deeper, others may react like Musk. But perhaps there may emerge a different sort of people, who are motivated to practice voluntary frugality, able to distinguish between their needs and desires, and who through their dispassionate detachment gain a boldness and power that money can’t buy.

ªhttps://www.independent.co.uk/arts-entertainment/tv/news/elon-musk-billionaire-joe-rogan-interview-grimes-baby-selling-house-possessions-a9504691.html