One more thing…


October 7th, 2011

I almost forgot…one more thing…the poor pay more for technology than the rich.  That is a technology injustice.  Don’t settle.

Anyone who has done Economics 101 knows why this is the case.  The cost of supplying a technology to a small market can be high.   The dogma would suggest that prices will remain high.    Yet, if we think out of the box we can imagine different ways of working.   Markets are the facilitator of choice.  Remember the central role of choice in enabling human development.   So we need to work towards business models that enable choice.   This can be done.   Schumacher outlined the case for what he called “Buddhist Economics” in his book: “Small is Beautiful”.

I am reminded of the story Schumacher (1979:6) told of three people  – a surgeon, an architect and an economist – debating whose was the oldest profession.   The surgeon said there is no doubt because Genesis says that the Lord took a rib out of Adam to make Eve and that was a surgical operation.   The architect protested that long before that the universe had been created out of chaos: that was an architectural job.   The economist merely asked, “who created chaos?”.  Don’t settle.

Schumacher, E.F. (1979) Good Work, Jonathan Cape: London.

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