Why am I passionate about this?
In my career, I managed research into how the problems of modern industrial society are tackled in different countries. This reflected my own comparative instinct, which arose out of growing up bilingual and at home in two cultures. My journey into politics, sociology, and economics made me increasingly aware of the blindness of our social arrangements to the growing ecological crisis – and of how this blindness is perpetuated by the narrow silos of our political and academic systems. Our only hope now lies with thinkers who can escape those silos and integrate different perspectives into a holistic understanding. We don’t need more specialists, but generalists. Fewer economists, more moral philosophers.
Ray's book list on our fatal addiction to economic growth
Why did Ray love this book?
The book that gave birth to the slogan... This is an iconoclastic look at the capitalist economy from a man who trained as an academic economist and worked for the National Coal Board. Schumacher thought creatively and wrote and spoke in a lively and engaging way and the book is an accessible introduction to a different way of thinking about what the purpose of an economy, or economics, is.
Also, Schumacher was invited to become the first Director of the Anglo-German Foundation for the Study of Industrial Society, but felt that he was already too old for the job. Many years later, I became the Foundation’s last Director.
3 authors picked Small Is Beautiful as one of their favorite books, and they share why you should read it.
This New York Times bestselling “Eco Bible” (Time magazine) teaches us that economic growth must be responsibly balanced with the needs of communities and the environment.
“Embracing what Schumacher stood for--above all the idea of sensible scale--is the task for our time. Small is Beautiful could not be more relevant. It was first published in 1973, but it was written for our time.” — Bill McKibben, from the Foreword
Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair Trade,” while voicing strong opposition…