socialmedian: Buddha Economy | The Ingenesist Project

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Buddha Economy | The Ingenesist Project

Submitted by Ingenesist

Jun 10, 2009

Summary

Schumacher wrote that western economics measures “standard of living” by “consumption” and assumes a person who consumes more is better off than one who consumes less. He also discusses the fact that employers consider their workers to be an “expense” to be reduced as much as possible. He questioned the theory that some amount of unemployment might be better “for the economy.” Read the full article

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