Small is beautiful: An economics book that treats people with respect

Author: (English) E.F. Schumacher
Publisher:
Publish Date: 2007-01-01
Features: This is an economic discourse that places human beings at the forefront, one that speaks directly to the heart, upholds hope, and offers profound insights into the future. Since its publication, it has not only been a bestseller but also the most inspiring and revolutionary economic discourse in the world. Its arguments from two decades ago still resonate with contemporary issues today, remaining timeless and relevant. In the author's view, the economic structure of the Western world, which it prides itself on, is essentially driven by individual pursuit of profit and progress, leading to increasing specialization of individuals and the growth of institutions into behemoths. This results in economic inefficiency, environmental pollution, and inhumane working conditions. The author, by advocating intermediate technology and promoting the concept of small-scale work units and regional workplaces that make effective use of local labor and resources, brings a completely new direction of thinking to economics.