Conversation Timeline

“Small is Beautiful: A Study of Economics as if People Mattered” by E.F. Schumacher, published in 1973, critiques modern industrial capitalism and advocates for a more sustainable, human-centered approach to economics. Key points include:

1. Critique of Gigantism: Schumacher argues that large-scale industrialization and technology often lead to environmental degradation, social alienation, and economic inefficiency. He champions smaller, decentralized systems that are more adaptable and sustainable.

2. Buddhist Economics: He introduces the concept of “Buddhist economics,” which emphasizes simplicity, non-violence, and the well-being of individuals over material wealth. This approach values meaningful work and sustainable resource