It can only be solv by increasing the share of small businesses, where every person is important. • Read: ” The Gig Economy: What Went Wrong ” Economic feasibility is, in a sense, a myth. And it is small businesses that are debunking it. Schumacher is sure that the concepts of “economically feasible” and “economically inexpient” reflect the ability of some actions and decisions not just.
To bring financial profit, but
To bring financial profit to the persons making these decisions. The author complains that economics and its methodology are not adapt “to determine whether the activity of a group within society brings profit to society as a whole.” This applies to structures of different scales and even individual industries.
If we take a national industry,goals for
It and do not monitor what damage it will cause to nature, the population, or even the economy of the country as a whole on the way to achieving them. The same can be said about the “economic feasibility” of individual transactions, where the buyer wants to buy a product and the seller wants to sell it.
At the moment of the transaction
Both pursue purely individual goals of making a profit, and how, where and with what sacrifices the product was produc – and how economically feasible it really is – is of no interest to anyone. It is precisely local small enterprises that can minimize losses from such individualism; they “squeeze” other values into economic thinking, in addition to numbers and money, for example, fair wages for workers, responsible production, environmental friendliness and others.
Big business cannot (and does not want) to afford
A “Buddhist” approach to work – and this is its weakness. “Everyone agrees that the fundamental source of wealth is human labor. And so modern economists have gone so far as to regard “labor” or work as merely a necessary evil.