For me, minimalism is more of a mindset than an extreme approach to getting rid of things. I focus on the intention behind the items I own - do they serve a purpose, and is that purpose important to me?
For example, I love cooking, so my kitchen items have a lot of intention behind them. But I had to get rid of some unnecessary duplicates, like three different sized wooden spoons when one set would do. I also try to ensure the items are versatile and multifunctional - things like cast iron pans that can go from stovetop to oven are priority over single-use items.
I also try to apply the rule of making sure belongings spark joy - if something is visually appealing or has a good memory attached, keeping it becomes easier to justify, but I remind myself that the sentiment can be cherished without keeping every little thing. Photography has helped me in this respect - I can take a picture and keep the memory without physical evidence cluttering up my space.
As for social expectations, I'm lucky to be surrounded by like-minded friends, so there's less pressure there. But I think it's about shifting your mindset to value experiences over possessions. Inviting friends over for a meal becomes more memorable than showing off a certain possession.
Finally, I try to be very mindful of what I buy new. It has to have a good reason and preferably be second hand, which reduces waste and saves resources. It's an ongoing process and definitely difficult with today's consumerist culture, but the environmental impact is a great motivator!