Aparigraha is the Jain concept of non-possessiveness. The term usually means to limit possessions to what is necessary or important, which changes with the time period, though sadhus would not have any possessions. It is one of the five principles of Jainism, along with Ahimsa (non-violence), Asteya (truth), Brahmacharya (celibacy), and Anekantvada (multiplicity of viewpoints). It is also one of the five limited vows. Jaina redirects here. ... In Hinduism, sadhu is a common term for an ascetic or practitioner of yoga (yogi) who has given up pursuit of the first three Hindu goals of life: kama (pleasure), artha (wealth and power) and even dharma (duty). ... Ahimsa is a religious concept which advocates non-violence and a respect for all life. ... Asteya is a Sanskrit word meaning avoidance of stealing or non-stealing. In Jainism, it is one of the five vows that all sravakas and shravikas as well as sadhus and sadhvis must take. ... Brahmacharya is a Sanskrit word. ... Anekantvada is the Jain concept of multiplicity of viewpoints and open-mindedness. ...
The ultimate purpose of Aparigraha Economics is to support the process of self-realization for human beings, which is only possible if both material and non-material (mental, psychological, emotional and spiritual) dimensions of people’s well-being are met.
It is the practice that leads to Aparigraha (non-possessiveness.) The erroneous interpretation of ‘freedom’ as the ‘right’ to do whatever we want to-- without any consideration for the detrimental effects our actions have on other sentient beings or the planet-- is the main contributing factor to the destruction of society.
Aparigraha “involves…curbing the tendency to accumulate and be greedy.”[21].