Because poverty denies people any semblance of control over their destiny, it is the ultimate denial of human rights. Forty-two People, Twenty-Seven Dollars Muhammad Yunus was not a banker, but an economics professor, who felt the emptiness of the economics theories and “wanted to do something immediate to help” the poor. He talked to many poor people and found out, to his shocking surprise, that they needed just a little […]
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“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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