34 Readers
17 Sages
Zanna

shell pebble

As if people mattered

Small Is Beautiful: A Study of Economics as if People Mattered - E.F. Schumacher

Schumacher discourses on economics, through the prism of an ethics of care and respect for human dignity. Although some ideas are dated and the Christian grounding gives his metaphysical comments a flavour that can't help but put me off, this book contains several insights and ideas which merit interest & attention today. These include the absurdity of treating non-renewable resources as income instead of capital, the central importance of fulfilling work to human well-being and the need for an 'intermediate technology' to facilitate securing full employment. The language is clear, free from jargon and meant to be understood by the lay person, so I'd recommend this to students and general readers

"There are no 'final solutions' to this type of problem [corporate ownership and organisation, which should depend on size and circumstances]. There is only a livings solution achieved day by day on a basis of a clear recognition that both opposites are valid."