Small is beautiful - an economics book that takes people seriously

Author: Schumacher
Publisher:
Publish Date: 2007-01-01
Features: This is an economic discourse that places people 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 disruptive economic discourse in the world. Its arguments from two decades ago still resonate with contemporary issues, 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, the growth of massive institutions, and resulting in economic inefficiency, environmental pollution, and inhumane working conditions. The author introduced a new direction for economics by advocating intermediate technology, emphasizing small-scale work units and the use of local labor and resources in regional workplaces based on fundamental concepts.