Our mission is to envision a just and regenerative economy; apply the concepts locally; then share the results for broad replication.

 

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The Monster Admonishes Dr. Frankenstein

The final public event in Bayo Akomolafe’s six-month W. E. B. Du Bois Fellowship with the Schumacher Center for a New Economics took place at St James Place in Great Barrington on September 11, 2024.

A Broad Movement of Reconstruction

Having raised the insufficiency of “high tech” solutionism for the world’s poor and rural villages, and describing the promise of intermediate technology, in Chapter 13 Schumacher highlights a fundamental error in the prevailing Western conception of economics. 

Rural Unemployment Leads to Mass-Migration

Our chapter-by-chapter reading of David Boyle’s study guide, “Small is Beautiful Revisited…50 Years On” continues, examining Schumacher’s 1973 landmark text in light of our own time. Chapter 12 carries a thematic thread of international development into a focus on intermediate technology. Having established “technology with a human face,” Schumacher brings this idea down into particulars. 

 
 
 

“Since there is now increasing evidence of environmental deterioration, particularly in living nature, the entire outlook and methodology of economics is being called into question. The study of economics is too narrow and too fragmentary to lead to valid insights, unless complemented and completed by a study of meta-economics.”

– E. F. Schumacher, Small is Beautiful