How does our economic system impact the way we live? Does it really affect what we truly care about? Oxford economist E. F. Schumacher provides an enlightening study of our economic system and its purpose, challenging the current state of excessive consumption in our society. Offering a crucial message for the modern world struggling to balance economic growth with the human costs of globalisation, Small Is Beautiful puts forward the revolutionary yet viable case for building our economies around the needs of communities, not corporations. ‘One of the 100 most influential books published since World War II’ The Times Literary Supplement
Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair Trade,” while voicing strong opposition to “casino capitalism” and wasteful corporate behemoths. Named one of the Times Literary Supplement’s 100 Most Influential Books Since World War II, Small Is Beautiful presents eminently logical arguments for building our economies around the needs of communities, not corporations.
Has modern technology had grown out of all proportion to man's need? We need a fresh view of life that recognizes the dignity of work and brings new work to people -- work that is not dependent on power-hungry, capital-hungry machines and factories. This volume questions many tenets held by first world economic experts, particularly their faith in massive industrial development that was energy- and capital-intensive, and often scarred the environment. The author's aim is to reintroduce the consideration of the human factor into the production process and to promote an appropriate technology for a variety of manufacturing situations.
A controversial study, first published in 1973, of the economic structure of the western world. Schumacher maintains that man's current pursuit of profit and progress has resulted in gross economic inefficiency, environmental pollution and inhumane working conditions.
- Book Description: Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair Trade,” while voicing strong opposition to “casino capitalism” and wasteful corporate behemoths. Named one of the Times Literary Supplement’s 100 Most Influential Books Since World War II, Small Is Beautiful presents eminently logical arguments for building our economies around the needs of communities, not corporations. - Review: “Embracing what Schumacher stood for--above all the idea of sensible scale--is the task for our time. Small is Beautiful could not be more relevant. It was first published in 1973, but it was written for our time.” (Bill McKibben, from the Foreword ) “An eco-bible” (Time magazine ) “Small Is Beautiful changed the way many people think about bigness and its human costs.” (New York Times ) “Nothing less than a full-scale assault on conventional economic wisdom. . . . Schumacher believes economists need a new set of values, to obtain maximum well-being with minimum consumption.” (Newsweek )
A third of a century ago, E. F. Schumacher rang out a timely warning against the idolatry of giantism with his book Small Is Beautiful. Since then, millions of copies of Schumacher’s work have been sold in dozens of different languages; few books before or since have spoken so profoundly to urgent economic and social considerations. Schumacher, a highly respected economist and adviser to third-world governments, broke ranks with the accepted wisdom of his peers to warn of impending calamity if rampant consumerism, technological dynamism, and economic expansionism were not checked by human and environmental considerations. Humanity was lurching blindly in the wrong direction, argued Schumacher. Its obsessive pursuit of wealth would not, as so many believed, ultimately lead to utopia but more probably to catastrophe. Schumacher’s greatest achievement was the fusion of ancient wisdom and modern economics in a language that encapsulated contemporary doubts and fears about the industrialized world. The wisdom of the ages, the perennial truths that have guided humanity throughout its history, serves as a constant reminder to each new generation of the limits to human ambition. But if this wisdom is a warning, it is also a battle cry. Schumacher saw that we needed to relearn the beauty of smallness, of human-scale technology and environments. It was no coincidence that his book was subtitled Economics as if People Mattered. Joseph Pearce revisits Schumacher’s arguments and examines the multifarious ways in which Schumacher’s ideas themselves still matter. Faced though we are with fearful new technological possibilities and the continued centralization of power in large governmental and economic structures, there is still the possibility of pursuing a saner and more sustainable vision for humanity. Bigger is not always best, Pearce reminds us, and small is still beautiful.
Twenty years after his death, the ideas of E.F. Schumacher still resonate through the environmental movement. With his deep spiritual vision and rejection of Western materialism and economic exploitation, Schumacher saw the need to give societies, communities and individuals practical tools for change. He is best known for his book Small is Beautiful:?economics as if people mattered, which became an international best-seller. This I?Believe is l the only book that covers the whole range of Schumacher’s thinking l essential reading for all admirers of Schumacher and his work l published to mark the 20th anniversary of his death. This I?Believe will introduce to a new audience the freshness, clarity and profundity of his thinking, which has inspired a generation.