Here is Schumacher discussing Buddhist economics. He admits that he could have called it Christian economics, but then no one would have read it.
H/T The Western Confucian.
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“There is no value in maximizing consumption but in maximizing satisfactions.”
Is this not than an argument for maximum efficiency? Is this not in fact what underlies free market economics? Is not Wal Mart’s slogan, “Why pay more?”
No. Walmart’s philosophy is “Maximize consumption; minimize ‘cost’.”
(N.B. “Cost”is in quotes.)
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