According to The Merriam-Webster Dictionary, these are the meanings for this word:
philosophy n, pl -phies 1: a critical study of fundamental beliefs and the grounds for them 2: sciences and liberal arts exclusive of medicine, law, and theology (doctor of ~) 3: a system of philosophical concepts (Aristotelian ~) 4: a bisic theory concerning a particular subject or sphere of activity 5: the sum of the ideas and convictions of an indivivual or group (his ~ of life) 6: calmness of temper and judgement
Understanding the different dimensions of philosophy is vital for those who wish to live a substantive life, seamlessly integrating "thought & action" in a productive way for themselves and their communities.
It's a tremendous word when you think about it.
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