WORK
Small Is Beautiful
Schumacher's 1973 landmark — subtitled
Economics as if People Mattered — that indicted the whole industrial economic paradigm by asking a single question mainstream economics had never bothered with:
what does the production do to the producer?
Small Is Beautiful:
Economics as if People Mattered is the book E. F. Schumacher published in 1973 after two decades as chief economic adviser to the British National Coal Board and extensive fieldwork in Burma, India, and East Africa. The book collected essays written across the preceding decade and arranged them into a sustained argument: that the modern economy had constructed a civilization extraordinarily good at producing goods and extraordinarily bad at producing good lives. The Times Literary Supplement later named it one of the hundred most influential books published since the Second World War. It became the founding text of the
appropriate technology movement, environmental economics, and the contemporary degrowth tradition. Its analytical framework —
bilateral evaluation of product and process, the principle of
appropriate scale, the criteria for
intermediate technology — provides the instruments this volume uses to examine the AI transition.