Chapter Summary Of Part 1: The Modern World
Part 1: The Modern World
Chapter 1: The Problem of Production
“One reason for overlooking this vital fact is that we are estranged from reality and inclined to treat as valueless everything that we have not made ourselves.” (15) Human nature Because of modern technology and advancements, we don’t see the same amount of value in something we buy vs. something we make ourselves. Due human nature, it is our instinct to treat something we buy as less valuable. Our problem is that in 2013 kids are asking for more and becoming more greedy. One reason people see less value in things they buy is because they have more pride in something they make themselves. Instead of making our own products, we go out and buy them because we feel as if this is easier and less time consuming. This is called human nature. …show more content…
We have enough”? There is none.” (25) then and now E.F Schumacher shows an example of how greedy humans can be when they always want more even if there is no more. In societies, rich people feel as if they deserve to have more and the poor just strive for necessities. In the present, the poor third world countries hope to make it through the day and the rich are still hoping for things they can achieve and expecting just because of their importance to the world. The rich people see what they have and want more because they think this is good for them, making them selfish and greedy. In my opinion, the rich should focus more on the poor, which makes them better people, as well as focus less on materialistic objects.
Chapter 3: The Role of Economics
“...the pursuit of wealth...is, to the mass of mankind, the great source of moral improvement.” (43) then and
Chapter 1: The Problem of Production
“One reason for overlooking this vital fact is that we are estranged from reality and inclined to treat as valueless everything that we have not made ourselves.” (15) Human nature Because of modern technology and advancements, we don’t see the same amount of value in something we buy vs. something we make ourselves. Due human nature, it is our instinct to treat something we buy as less valuable. Our problem is that in 2013 kids are asking for more and becoming more greedy. One reason people see less value in things they buy is because they have more pride in something they make themselves. Instead of making our own products, we go out and buy them because we feel as if this is easier and less time consuming. This is called human nature. …show more content…
We have enough”? There is none.” (25) then and now E.F Schumacher shows an example of how greedy humans can be when they always want more even if there is no more. In societies, rich people feel as if they deserve to have more and the poor just strive for necessities. In the present, the poor third world countries hope to make it through the day and the rich are still hoping for things they can achieve and expecting just because of their importance to the world. The rich people see what they have and want more because they think this is good for them, making them selfish and greedy. In my opinion, the rich should focus more on the poor, which makes them better people, as well as focus less on materialistic objects.
Chapter 3: The Role of Economics
“...the pursuit of wealth...is, to the mass of mankind, the great source of moral improvement.” (43) then and