“Small is Beautiful” by E. F. Schumacher

The Problem of Production “The modern industrial system, with all its intellectual sophistication, consumes the very basis on which it has been erected”, the irreplaceable capital which it treats as unlimited income, i.e., natural capital (capital provided by nature, not by man, e.g., fossil fuels) and human substance. “We need methods and equipment which are cheap enough so that they are accessible to everyone, suitable for small-scale application and compatible […]

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