Small Is Beautiful: Economics As If People Mattered

Small Is Beautiful: Economics As If People Mattered

This classic asks a simple question: does our modern economy function in the interest of the average person? The obvious answer is that it does not. Schumacher outlines solutions and different ways of thinking about economics. This book is an antidote to the neoliberal economic policies of the world that have dominated since the time of Reagan and Thatcher, causing untold environmental and cultural destruction.

“Fossil fuels are merely a part of the “natural capital” which we steadfastly insist on treating as expendable, as if it were income, and by no means the most important part. If we squander our fossil fuels, we threaten civilisation; but if we squander the capital represented by living nature around us, we threaten life itself.”