Small is Beautiful
Study of Economics as If People Mattered
written by Ernst Friedrich Schumacher
Vintage | ISBN 9780099225614
Paperback – 288 pages
Part of the Vintage Classics series.
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Small is Beautiful is E.F Schumacher's stimulating and controversial study of world economics. This remarkable book is relevant today and its many themes as pertinent and thought-provoking as when it was first published twenty years ago. Small is Beautiful looks at the economic structure of the Western world in a revolutionary way. Schumacher maintains that Man's current pursuit of profit and progress, which promotes giant organisations and increased specialization, has in fact resulted in gross economic inefficiency, environmental pollution and inhumane working conditions. Schumacher challenges the doctrine of economic, technological and scientific specialization and proposes a system of Intermediate Technology, based on smaller working units, communal ownership, and regional workplaces utilizing local labour and resources.