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Jan 05

Book Review: Small is Beautiful by E.F.Schumacher

by Chris Billows in Political Ponderings 0 comments tags: Foolishness, Free Enterprise, Human Condition
It remains painfully obvious that this book is written by a crank. Only a crank would tell us that we need to rethink our consumption patterns, how we manage our economy, and our relationship with our environment. Going against conventional thinking is pretty fashionable today, but to do so in 1973 and still be so relevant is testimony of a crank who knew what he was talking about. E.F. Schumacher wrote this book in response to what he saw as the quickening and centralizing nature of modern society. He saw governments and businesses getting bigger and losing their essential and natural sense of scale, which is human friendly or simply “small”. Thus prompting the title of the book. It was through this book that Schumacher is credited with influencing green economic thinking from the 70s and afterward. He articulated the fundamental question about growth: “How much further growth will be possible, since infinite growth in a fine environment is an obvious impossibility”. Such thinking was radical, yet not socialist. Instead his thinking was the basis of humanistic, or human-centred economics. This book helped shift the tired and largely irrelevant debate of Left wing vs Right wing economic politics or big […]
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