“The cultivation and expansion of needs is the antithesis of wisdom. It is also the antithesis of freedom and peace. Every increase of needs tends to increase one’s dependence on outside forces over which one cannot have control, and therefore increases existential fear. Only by a reduction of needs can one promote a genuine reduction in those tensions which are the ultimate causes of strife and war.”

Source: Small is Beautiful: A Study of Economics As If People Mattered (1973), p. 31.

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E. F. Schumacher 16
British economist 1911–1977

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