Economic Development Futures Journal

Sunday, December 18, 2005

counter statistics

E. F. Schumacher

"Schumacher's most radical break with the mainstream of economic thought, however, comes with his willingness to sacrifice economic growth - for so long the Holy Grail of economic policy and strategy - for a more fulfilling working life. Perhaps more than any economist since Karl Marx, Schumacher called attention to the quality of people's lives as producers, even stressing its importance over their lives as consumers. Work, rather than being, as in neoclassical theory, a "disutility," becomes in Schumacher's philosophy a means towards satisfaction, fulfillment, and personal development." Source: Noah Enelow

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