Synopsis
Small is Beautiful looks at the economic structure of the Western world in an extremely revolutionary way. The author, Dr E. F. Schumacher, argues that nature's resistance to pollution is limited as well. He concludes that government effort must be concentrated on sustainable development as relatively minor improvements, e.g. technology transfer to third world countries will not solve major problems like that of an unsustainable economy. Small is Beautiful is divided into four parts namely:
1. The Modern World
2. Resources
3. The Third World
4. Organization and Ownership
This non-fiction book is available at very reasonable price for purchase.
About the Author
Dr. E. F. Schumacher is well known as an economist, journalist and progressive entrepreneur. He was an Economic Adviser to the National Coal Board for 20 years and was also the originator of the concept of Intermediate Technology for developing countries and Founder & Chairman of the Intermediate Technology Development Group Ltd. He also served as President of the Soil Association and as Director of the Scott-Bader Company (pathfinders in polymer chemistry and common ownership).
Born in Germany, Dr. E. F. Schumacher first came to England in 1930 as a Rhodes Scholar to study economics at New College, Oxford. Later, at the age of twenty-two, he taught economics at Columbia University, New York. He resumed the academic life for a period at Oxford during the war, afterwards serving as Economic Adviser to the British Control Commission in Germany for 4 years, from 1946 to 1950. Later, his advice on problems of rural development was sought by many overseas governments. He was also awarded the CBE in 1974.
