Friday, 14 June 2013

Book-Review on "Small Is Beautiful - A Study of Economics As If People Mattered"


"Small Is Beautiful - A Study of Economics As If People Mattered" was written by E.F. Schumacher, first published in 1973. The book used in this review was reprinted by Harley & Marks Publishers Inc, 1999 in the United States with the length of xiii + 286 pages, consisting of four parts with 19 chapters, Epilogue, Notes and Acknowledgements, Biographies of Contributors, Resources and Index.
E.F. Schumacher was an economist, journalist and an entrepreneur. He was born in Germany in 1911, and studied economics. He came to England in 1930 as a Rhodes Scholar to study economics at New College, Oxford; later taught economics at Colombia University, New York and went back to Germany to do business. During the regime of Hitler and the Second World War he stayed in England, and then worked as an economic adviser to the British Control Commission charged with rebuilding the German economy from 1946 to 1950 and became an economic adviser to the National Coal Board to aid Britain in its economic recovery, a position that he held for the next twenty years. His death by heart attack occurred in Switzerland in 1977, at the time that his idea was close to a breakthrough. He also published other books, such as “Good Work” and “A Guide for the Perplexed”.[1]
He had an opportunity to stay in Burma, traditionally a Theravada Buddhist country, as an economic consultant and he then developed economic theories of what he called 'intermediate technology' and 'Buddhist economics' to help developing countries or less-developed countries in their economic development. These are the experiences that became contributing factors to the writing of this book, Small Is Beautiful.
It is a book written at a time when the world was pursuing the use of modern large-scale technology to exploit radically natural resources for the development of economics and for the satisfaction of material needs. The author, as a predictor of the future, and a person who was mindful of the sustainable economic development of mankind, called for a life-style of harmony, simplicity and non-violence to nature. More than thirty years have gone since this book was first published in 1973; and it is now considered to be one of the best-selling books in the world. The ideas in his book are still new and significant to all. The issues that he brought to the fore in his book are still being constantly examined closely by experts, scientists, and economists; it continues to raise a current problematic for investigation by the world. Its readers, in varying degrees, are positively influenced by its messages.
“Small Is Beautiful” is a work in which Schumacher has criticized the economic system of the West, when he talks of modern technology. The technology has been invented to lighten the burden of work, to save time and it adapts labour-saving machinery. The tendency is to reduce working time further, asymptotically to zero. Meanwhile, he says, no-one wants to increase the leaving-school age and nobody wants to reduce the retirement age, so as to keep people off the labour market. This, he says, is modern technology showing an inhuman face. The requirement we need is to develop a compatible technology suitable with the real needs of human nature and, at the same time, compatible with the resources available to us. He has called for the development of low-cost technology that is compatible with less-developed countries, where local labour, local capital and local resources are utilized. He has observed that the use of foreign aid for poor countries might make them more dependent on rich countries. Modern technology cannot help much in developing countries, but it continues to widen the gap between the rich and the poor. It diminishes the capacity of people to develop further their manual skills and their creativity; instead, causing complete dependency upon, and enslavement to mechanization. Therefore, he has advised using intermediate technology of an intermediate size, which can greatly assist poor countries, where most people are living in rural areas, are less educated, and where there is widespread unemployment and under-employment.
It is said that the problem of production have been solved by all the experts, government economic advisers throughout the world and by academic and less-than-academic economists, who have been reliant upon the many kinds of fossil fuels that have been discovered. However, this approach can not be justified on a truly gigantic scale. As he says in his book, there exists only the illusion of unlimited resources. The destruction of the ecological system and the natural resources that rich countries are trying to exploit so radically represents violence against to nature; as he says: "Any activity which fails to recognize a self-limiting principle is of the devil";[2] with watchwords such as, "more, further, quicker, richer",[3] "foul is useful and fair is not",[4] and "you cannot stand still, they say; standing still means going down; you must go forward".[5] He says that they are the watchwords of the present-day society, and in economics it represents an anti-thesis of wisdom, catch-phrase that has been drawn from a statement by an esteemed western economist, Keynes.[6] He named those who were the forerunners and indicated that it would become worse and end in disaster because of greed and envy. With these watchwords, he designated them uneconomic. In this process the contradiction between economic development and its limited resources is the root cause that has led people to adopt the use of nuclear power. This, in turn, will be extremely harmful to nature to the health of the soil, creatures and the lives of human beings.
The misunderstanding and the misuse of resources are causing many problems and hazards for humanity. Pollution is one of these effects. There are many activities which are considered uneconomic but which are nevertheless useful, such as cleanliness, maintaining the fertility of soil, and the beauty of landscape; keeping the environment always clean, and avoiding the use of poisonous substances, with due regard to the conservation of primary resources such as animals and plants. We have no right to tyrannize, to ruin and to exterminate them. The author says we can do this better if we can find the strength to overcome the violence of greed, envy, selfishness, hatred and lust within ourselves.
He has also criticized the education system that teaches and encourages people to raise consumption as much as possible. Increasing consumption means that we are further encouraging the expansion of the economy. However, he says that material wealth and prosperity cannot bring ultimate and permanent peace. Any material factors are entirely secondary to this consideration. The primary causes of and eventual solutions to poverty are immaterial: they lie in education, organization, and discipline. Herein lies the central problem of development.[7] Those who pursue it enable us to see the hollowness and fundamental unsatisfactoriness of a life devoted primarily to the material ends, to the neglect of the spiritual. Such a life necessarily sets man against man and nation against nation, because man's needs are infinite, and infinitude can be achieved only in the spiritual realm, never in the material. These are the real causes of war and conflict. It is chimerical to build peace and permanence on economic foundations which, in turn, rest on the cultivation of greed and envy. The author believes that so far as education is concerned, there are mistakes in the teaching and the provision of scholarships that furnish our minds with piecemeal ideas and understanding that are entirely unsuitable, such as the ideas that we might pick up from the natural sciences. Such poisonous errors bring about unlimited sorrow in the third and fourth generations. A purely scientific education cannot help us much because it only deals with concepts of know-how, whereas what we need is to understand why things are as they are, and what we are to do with our lives. Education can help us only if it is integral and produces whole men.
            Buddhist economics must be very different from the economics of modern materialism, since the Buddhists see the essence of civilization not in a multiplication of wants but in the purification of human character”,[8] emphasises the author. A character is then formed primarily by the interest of his work, by his skillful hands and by his creative brain. Although the content of Buddhist economics was not largely considered in this book, we can easily realize the ideas of Buddhism through this work. This is a difference that is difficult for modern economists to understand, because they are used to measuring the standard of living by the amount of annual consumption, assuming that a man who consumes more is better off than a man who consumes less. Actually, the teaching of Buddha about economics is only the Right Livelihood which is mentioned in the book.[9] However, we can also identify the Theory of Dependent Origination (Paticca-samuppāda),[10] Impermanence (Anicca), and No-Self (Anattā),[11] and Ahimsa (non-violence) in it, especially The Middle Way of economics (Majjhimāpatipadā)[12] and an Attitude of Content with Few Desires.[13]
One of the greatest achievements of E.F. Schumacher in his book “Small is Beautiful” is that he has applied Buddhist knowledge and his own experience in modern economics to put a new face to modern society. He has applied the Buddhist teachings to modern economics in a new orientation of human activities in order to avoid harming nature, exploiting resources, and degrading the environment. Such ideas have been calling for people to abandon infinite greed and envy and to live in useful harmony with nature and to become a means of encouraging people to reduce their greed and envy. Therefore, they might be considered as a declaration of Buddhist economics.
 Throughout the book he has constructed an entirely new way of thinking that is useful to all of us, to all experts, to economists, to scientists to reflect upon and review their actions. For example, he has stated that economics does not play an ultimate role in leading to happiness, peace and permanence of life; it is itself an end; and merely the means to an end determined by something other than economics. What are required are education, organization and discipline, as well, to balance the two major trends of life: materialism and spirituality.
It is clear that Schumacher has brought about a revolution of thought in economics. He has made a successful reform in transmission of small as always being beautiful in the thinking of humankind. The theory of small is beautiful has been brought out throughout the book as small technology, with small size being used, with small resources, as an adequate response to man's need; small need with small greed. It is a theory of how to utilize the minimum means but with the maximum result. It has been asserted by Leopold Kohr that: "If the Nobel Prize selection committee had wished to give the prize in economics to an innovator, they would not have alternated between the repairmen of the left and the repairmen of the right side of the ship of state caught in the increasing pull of Niagara River a mile above the Falls; they would have selected Dr. E. F. Schumacher".[14]
Although the author has developed many concepts of Buddhist teachings as applied in modern economics, he has not explained all of them clearly. As he said, “The Right Livelihood” is one of the requirements of the Noble Eightfold Path in Buddhist economics; however, he has not undertaken any discussion as to how it may be applied in modern society. Moreover, it would have been better if he had also said something about the Middle Path, as applied in modern economics.
Dr. E.F. Schumacher has developed a doctrine of the division of social labour, in which the author states that everyone might have a job and thus contribute his/her own part towards full employment, assisting both his family and the society, while avoiding unnecessary leisure. For example, his observation that women working in offices, companies or factories are a mark of eco-social degradation is not completely reasonable. The quotation is as follows: "Women, on the whole, do not need an 'outside' job, and the large-scale employment of women in offices or factories would be considered a sign of serious economic failure."[15] However, he also comments: “[…] to let mothers of young children work in factories while the children run wild would be as uneconomic in the eyes of a Buddhist economist as the employment of a skilled worker as a soldier in the eyes of a modern economist."[16]
In this review, we may say that although the book was written more than thirty years ago, its ideas are still nowadays significant and useful for us. These ideas have provided an orientation for experts, scientists, economists and government in the development of every country's economy and in the balance of ecology. However, achieving his purpose continues to present difficulties because the needs, the thinking and the activities of people are all very different. The problem remains. Moreover, the author has not offered any further advice on the difficulties that scientists and economists have to face within developing modern economics. Nevertheless, the book carries a clear message: a call to action in our common task of responsible conservation and development of the environment in which we live. The task is urgent and it should be carried out here and now; not at some future point and not always by others, because we have only one planet on which to live, and no second chances. If we do not accept to live in these circumstances and fully embrace our responsibilities, then we can only look forward to a constantly deteriorating situation and ultimate disaster, as has been affirmed by the author. [17]


[2] E.F. Schumacher, Small Is Beautiful, (The United States: Hartley & Marks, 1999), p. 127.
[3] Ibid.
[4] Ibid, p. 19.
[5] Ibid, p. 127.
[6] John Maynard Keynes, a British economist whose ideas had a major impact in modern economics.
[7] E.F. Schumacher, op. cit., p. 139.
[8] Ibid, p. 40.
[9]  The Right Livelihood or right life is one of the Eightfold Path (Ariya-aṭṭhangika-Magga) considered as     correct livelihood or Buddhist economics appears in many Buddhist Suttas for example, the Mahācattārīsaka Sutta, No.117 of the Mijjhima-Nikāya.
[10] Paṭicca-samuppāda preached by the Buddha in Bodhi Sutta, Udana I.1, Khuddaka Nikaya:
               When this is, that is.
                 From the arising of this comes the arising of that”.
Everything or Dhamma has an interactive relationship according to this concept; if we harm the nature it means we harm ourselves.
[11] No-self is a very common concept in Buddhism; that there is no individual independent existence. Here,   the author states that to give a man a chance to join with another people in common works to overcome his ego-cent-redness.
[12] In Pāli Nikayas, it refers to a path that avoids the extremes of asceticism and self-satisfaction. Here, in Buddhist economics, it is not antagonistic to material enrichment but develops in the balance of need and ecology or the simplicity and non-violence.
[13] It can be translated as ‘Content with Few Desires’. In the last teachings of the Buddha before entering Mahānibbāna belong to Chinese Pitaka, the Buddha talks to his disciples that the content with few desires can lead to ultimate peace.
[15] E.F. Schumacher, op. cit., p. 41.
[16] Ibid.

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