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Full Description
First Published in 1986. Economics is in trouble. Its policy instruments are blunt, its experts disagree and its theories are in disarray in the face of global economics disorder: unprecedented levels of indebtedness, endemic inflation, high unemployment , deepening world poverty and gross environmental degradation. The Living Economy analyses conventional economic theory in the light of contemporary economic problems and finds its basic premises and assumptions flawed and its methodology suspect in several important respects. The Living Economy covers a variety of topics from agricultural methods and policy to health and world trade reform. Contributors come from a wide diversity of countries and continents including the USA, Europe, Africa, and the Far East. Each section is worth reading in its own right, for itself and, indeed, by itself. It is a book to be browsed through, reflected upon and enjoyed at one's leisure. Together the contributions form a rich tapestry of insights and inspirations. They are in no way a simple repetition of Schumacher's thoughts. Rather, they form an authentic part of a wider intellectual tradition of which he was also a part, albeit an early and important one.
Contents
PREFACE AND ACKNOWLEDGMENTS; INTRODUCTION PART I THE NEED FOR A NEW ECONOMICS; ECONOMIC GROWTH: MEDICINE OR DISEASE? THE SCOURGE OF UNEMPLOYMENT; THE INTERNATIONAL ECONOMIC DISORDER; INDICATORS OF NO REAL MEANING; PART II PUTTING PEOPLE FIRST; 1 A FRAMEWORK FOR THE FUTURE 2 A QUESTION OF NEEDS 3 THE NATURE OF WORK 4 IN SEARCH OF SELF-RELIANCE 5 HEALTH IS WEALTH 6 INDICATORS OF ECONOMIC PROGRESS PART III THE NEW ECONOMICS IN ACTION 7 ACCESS TO LAND 8 FINANCIAL FUTURE 9 WORKING LIKE WOMEN 10 TAXATION, BENEFITS AND THE BASIC INCOME 11 INDUSTRIAL PRIORITIES AND TECHNOLOGICAL CHOICE 12 LOCAL ECONOMIC REGENERATION AND CO-OPERATION 13 LEARNING FROM THE SOUTH 14 TRADE AND THE MULTINATIONALS
