Walter Moss: Schumacher called for a wisdom-centered economics that would emphasize well-being rather than consumption, and meaningful and rewarding employment rather than productivity.
Walter Moss: If consumer capitalism is indeed replaced by a new economic structure, many capitalist bricks may still be needed for any new construction. Whether we choose to attempt new building or just apply a little patching here or there is up to us.
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Walter Moss: Having just completed research on economist and environmentalist E. F. Schumacher (1911-1977), I have been struck by how relevant many of his warnings are to today’s events. Although I don’t necessarily agree with everything he wrote, his comments are well worth considering as we struggle to deal with all our complex problems.
Walter Moss: As we face the simultaneous challenges of creating more jobs and a more sustainable environment for our children and grandchildren, are we not capable of new thinking? Are we not capable of demonstrating that yes, we can evolve toward an economy that evidences more of what Schumacher thought it should — Beauty, Truth, and Goodness?