Small Is Beautiful is the title of a series of books by E. F. Schumacher^[1]. The original 1973 publication is a collection of essays that brought Schumacher's ideas to a wider audience, at a critical time in history. It was released soon after the effects of the 1973 energy crisis shook the world and dealt with the crisis and various emerging trends (like globalization) in an unusual fashion. Ernst Friedrich Fritz Schumacher (16 August 1911 – 4 September 1977) was an internationally influential economic thinker with a professional background as a statistician and economist in Britain. ... Non-fiction is an account or representation of a subject which is presented as fact. ... A publisher is a person or entity which engages in the act of publishing. ... Year 1999 (MCMXCIX) was a common year starting on Friday (link will display full 1999 Gregorian calendar). ... The barcode of an ISBN . ... Ernst Friedrich Fritz Schumacher (16 August 1911 – 4 September 1977) was an internationally influential economic thinker with a professional background as a statistician and economist in Britain. ... 1973 (MCMLXXIII) was a common year starting on Monday. ... This article or section does not cite any references or sources. ... (Redirected from 1973 energy crisis) United States, drivers of vehicles with odd numbered license plates were allowed to purchase gasoline only on odd-numbered days of the month, while drivers with even-numbers were limited to even-numbered days. ... A KFC franchise in Kuwait. ...

Author

Schumacher was a respected economist who worked with J.M. Keynes and J.K. Galbraith. For 20 years he was the president of the National Coal Board in the United Kingdom, opposed the neo-classical economics by declaring that single-minded concentration on output and technology was dehumanizing, that one's workplace should be dignified and meaningful first, efficient second, and that nature is priceless. Schumacher proposed the idea of "smallness within bigness"; in other words, a specific form of decentralization: for a large organization to work it must behave like a related group of small organizations. Schumacher's work coincided with the growth of ecological concerns and with the birth of environmentalism and he became a hero to many in the environmental movement. John Maynard Keynes John Maynard Keynes, 1st Baron Keynes of Tilton (pronounced kānz / kAnze), ) (June 5, 1883 – April 21, 1946) was an English economist, whose ideas had a major impact on modern economic and political theory as well as on Franklin D. Roosevelts New Deal. ... John Kenneth Galbraith (born October 15, 1908) is something of an iconoclast among North American economists: he is an old-fashioned Keynesian with progressive values and a gift for writing accessible, popular books on economic topics in which he takes delight in describing ways in which economic theory does not... The National Coal Board (NCB) was the nationalised British coal mining company. ... Neoclassical economics is the grouping of a number of schools of thought in economics. ... // Information processing In information processing, output is the process of transmitting information by an object (verb usage). ... By the mid 20th century humans had achieved a mastery of technology sufficient to leave the surface of the Earth for the first time and explore space. ... // Le de décentralisation de de est le processus de la dispersion prise de décision plus près du point de service ou action. ... It has been suggested that Organizing be merged into this article or section. ... This article or section does not cite any references or sources. ... For the psychology topic, see Environmental psychology. ... The environmental movement (a term that sometimes includes the conservation and green movements) is a diverse scientific, social, and political movement. ...

Content

In the first chapter of 'Small Is Beautiful', "The Problem of Production", Schumacher points out that our economy is unsustainable. The natural resources (especially fossil fuels), are treated as expendable income, when in fact they should be treated as capital, since they are not renewable and thus subject to eventual depletion. He further points out that similarly, the capacity of nature to resist pollution is limited as well. He concludes that government effort must be concentrated on reaching sustainable development, because relatively minor improvements like education for leisure or technology transfer to the Third World countries will not solve the underlying problem of unsustainable economy. // Fossil fuels are hydrocarbons, primarily coal and petroleum (fuel oil or natural gas), formed from the remains of dead plants and animals. ... Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. ... This article is about a city that serves as a center of government and politics. ... It has been suggested that Pollutant be merged into this article or section. ... Sustainable development is defined by its proponents as balancing the fulfillment of human needs with the protection of the natural environment so that these needs can be met not only in the present, but in the indefinite future. ... Technology transfer is the process of developing practical applications for the results of scientific research. ... For the Jamaican reggae band, see Third World (band). ...

Quotes

• Man is small, and, therefore, small is beautiful

• "[A modern economist] is used to measuring the 'standard of living' by the amount of annual consumption, assuming all the time that a man who consumes more is 'better off' than a man who consumes less. A Buddhist economist would consider this approach excessively irrational: since consumption is merely a means to human well-being, the aim should be to obtain the maximum of well-being with the minimum of consumption. . . . The less toil there is, the more time and strength is left for artistic creativity. Modern economics, on the other hand, considers consumption to be the sole end and purpose of all economic activity."

• "It is clear, therefore, that Buddhist economics must be very different from the economics of modern materialism, since the Buddhist sees the essence of civilisation not in a multiplication of wants but in the purification of human character. Character, at the same time, is formed primarily by a man's work. And work, properly conducted in conditions of human dignity and freedom, blesses those who do it and equally their products."

• "The most striking about modern industry is that it requires so much and accomplishes so little. Modern industry seems to be inefficient to a degree that surpasses one's ordinary powers of imagination. Its inefficiency therefore remains unnoticed."

• "Ever bigger machines, entailing ever bigger concentrations of economic power and exerting ever greater violence against the environment, do not represent progress: they are a denial of wisdom. Wisdom demands a new orientation of science and technology towards the organic, the gentle, the non-violent, the elegant and beautiful."

• "[N]o system or machinery or economic doctrine or theory stands on its own feet: it is invariably built on a metaphysical foundation, that is to say, upon man's basic outlook on life, its meaning and its purpose. I have talked about the religion of economics, the idol worship of material possessions, of consumption and the so-called standard of living, and the fateful propensity that rejoices in the fact that 'what were luxuries to our fathers have become necessities for us.'

• "Systems are never more nor less than incarnations of man's most basic attitudes. . . . General evidence of material progress would suggest that the modern private enterprise system is--or has been--the most perfect instrument for the pursuit of personal enrichment. The modern private enterprise system ingeniously employs the human urges of greed and envy as its motive power, but manages to overcome the most blatant deficiencies of laissez-faire by means of Keynesian economic management, a bit of redistributive taxation, and the 'countervailing power' of the trade unions.

• "Can such a system conceivably deal with the problems we are now having to face? The answer is self-evident: greed and envy demand continuous and limitless economic growth of a material kind, without proper regard for conservation, and this type of growth cannot possibly fit into a finite environment. We must therefore study the essential nature of the private enterprise system and the possibilities of evolving an alternative system which might fit the new situation."

• "The way in which we experience and interpret the world obviously depends very much indeed on the kind of ideas that fill our minds. If they are mainly small, weak, superficial, and incoherent, life will appear insipid, uninteresting, petty, and chaotic. It is difficult to bear the resultant feeling of emptiness, and the vacuum of our minds may only too easily be filled by some big, fantastic notion – political or otherwise – which suddenly seems to illumine everything and to give meaning and purpose to our existence. It needs no emphasis that herein lies one of the great dangers of our time."

• "Education can help us only if it produces “whole men”. The truly educated man is not a man who knows a bit of everything, not even the man who knows all the details of all subjects (if such a thing were possible): the “whole man” in fact, may have little detailed knowledge of facts and theories, he may treasure the Encyclopædia Britannica because “she knows and he needn’t”, but he will be truly in touch with the centre.

References

1. ^ Schumacher, E. F.; Small Is Beautiful: Economics As If People Mattered : 25 Years Later...With Commentaries !1999). Hartley & Marks Publishers ISBN 0-88179-169-5

See also

• A Guide for the Perplexed
• Appropriate technology
• Simple living

A Guide for the Perplexed is a short book by E.F. Schumacher, published in 1977. ... Appropriate technology is technology that is appropriate to the environmental, cultural and economic situation it is intended for. ... Simple living (or voluntary simplicity) is a lifestyle individuals may pursue for a variety of motivations, such as spirituality, health, or ecology. ...

External links

• Multiple translations of the essay Buddhist Economics from the E. F. Schumacher Society
• Small Is Beautiful: An Introduction to E. F. Schumacher by Noah Enelow
• Fifty Possible Ways to Challenge Over-Commercialism
• Beyond Simplicity: Tough Issues For A New Era by Albert J. Fritsch, SJ, PhD
• [1] Forum for Mind Integration