Small Is Beautiful: A Study of Economics as if People Mattered

E F Schumacher



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

What will you learn from this book

  1. Human-Centered Economics: Schumacher proposes an economics that prioritizes human well-being and happiness over sheer economic growth and material wealth.

  2. Appropriate Technology: He advocates for the use of small-scale, decentralized technologies that are appropriate for local needs and sustainable for the environment.

  3. Value of Small Enterprises: Schumacher highlights the importance of small businesses and enterprises in fostering local economies, promoting employment, and preserving community cohesion.

  4. Sustainability and Environment: The book emphasizes the necessity of sustainable practices and responsible stewardship of natural resources to ensure a balanced and healthy environment for future generations.

  5. Ethics in Economics: Schumacher calls for an ethical foundation in economic decisions, suggesting that economic activities should align with moral and ecological principles.

  6. Quality of Life over Quantity: He argues for measuring progress and success not solely by material wealth or GDP growth but by considering the quality of life, social well-being, and environmental health.

  7. Education and Cultural Values: The book highlights the role of education and culture in shaping economic attitudes, encouraging a shift towards values that prioritize sustainability and community.

  8. Localized Economies: Schumacher promotes the idea of decentralized, localized economies that are more responsive to local needs and less vulnerable to global economic shocks.

  9. Equitable Distribution: He addresses issues of wealth distribution and calls for fairer systems that reduce disparities between rich and poor, advocating for social justice and equality.

  10. Mindful Consumption: Schumacher advocates for mindful consumption, suggesting that individuals should consider the impact of their choices on the environment and society.

Language English
ISBN-10 0099225611
ISBN-13 9780099225614
No of pages 259
Font Size Medium
Book Publisher Vintage Books
Published Date 16 Sep 1993

About Author

Author : E F Schumacher

2 Books

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