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Buddhist Economics

- It Makes More Than Cents

by Barbara Bamberger Scott

 

Who could imagine that young people, charmed by notions of small-scale farming, homesteading, and alternative energy, would find themselves attracted to the philosophy of an old man who did some of his most remarkable work as Chief Economic Advisor to Britain’s National Coal Board?

Who would think that such a man, someone who wore three-piece suits and stalked the halls of power, would eventually become famous for promulgating a credo called “Buddhist Economics”?  That he would be adored and remembered for developing technologies to scale work down to human size?  That a foundation in his name would champion communal land-use and community-based organic farming?

When I first arrived at Emerson College, in Sussex, England, to study bio-dynamic farming and gardening, I was invited to a ceremony.  The group was small.  The day was grey and chilly.  I knew no one there apart from my husband, though the assembled few would be my classmates for the coming semester.  We stood encircling a tree.  It was a new little tree with fencing around it to keep deer away.  It was being dedicated to E. F. Schumacher, who had encouraged the Emerson gardening program, and especially its newest component, of which I was to be a part – the Rural Development Program, aimed at small scale sustainable agriculture for villages in the Third World.  So though the ceremony was modest, the attendees few, and the skies cloudy, it was an august and significant moment. 

I was told by our course director that we were commemorating Schumacher’s life by doing what he suggested: everyone, he said, can plant at least one tree.  If I took away anything else from Emerson – blisters, a knitted wool cap, a pair of muddy wellies – that was a small plus.  But what I gained in my life from the teaching of E. F. Schumacher is enduring: a set of truths about how we can better live.

Once introduced to the writings of Schumacher in general, I devoured them in detail.  His best-known book is Small Is Beautiful – Economics as Though People Mattered.  It’s an alluring title and the ideas in it are revolutionary, in a sane, healing way.  It has been translated into 27 languages and in 1995 the London Times Literary Supplement cited it as one of the hundred most influential books written after World War II.  

Another of his essay collections is A Guide for the Perplexed.  We are perplexed, aren’t we?  We find it hard to make right choices, always wanting to act in a way that is moral, simple and practical yet seeing so many divergent opinions about what that means, and experiencing so much confusion about the possible outcomes of our actions.

   

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