Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Saturday, December 30, 2023

More on E. F. Schumacher

A new article has clarified the spiritual and intellectual biography of E. F. Schumacher (1911-1977), author of Small is Beautiful (1973) and so one of the inspirations of major parts of the contemporary green movement. It is by Robert Leonard, an economist who has worked on Schumacher for some time: “The Traditionalist Path of an Economic Heretic: E. F. Schumacher, A Guide for the Perplexed,” Temenos Academy Review 26 (2023), pp. 193-206.

Leonard removes any perplexity by carefully tracing Schumacher’s conversion from Nietzsche and socialism to Gurdjieff and Buddhism, and then to Catholicism, and makes clear the importance to him of Traditionalism and his major work’s debt to A. K. Coomaraswamy. It also clarifies the timing. Schumacher discovered Traditionalism in the early 1950s through a Buddhist friend, Edward Conze (1904-1979), and taught an adult education course on the Perennial Philosophy at the University of London in the late 1950s. In the 1960s he then moved towards Christianity, finally converting to Catholicism, a move out of step with Traditionalist norms. He retained, however, his agreement with the Traditionalist analysis of modernity, which he described in 1976, the year before his death, as a “great deviation from the universal tradition of mankind into a gross form of materialism.”

Leonard also makes clear that the absence of Traditionalism and metaphysics from Small is Beautiful was a tactical choice on Schumacher’s part. He aimed to inspire practical action, not religious commitment. This was sensible, as his attempts at explaining the esoteric and religious underpinnings of his economic and social convictions were rarely well received.

Thursday, June 01, 2023

New book on Traditionalist thought published (coming soon in US)

Mark Sedgwick, Traditionalism: The Radical Project for Restoring Sacred Order is now available in Europe and Canada. Readers in the US will have to wait until July 6. 

Official UK price is £25, but Amazon.co.uk is selling for £22 and £12.99 on Kindle. In Canada, $53.95 and $17.99 Kindle, and in Europe €22.19 and £18.75 Kindle. 

One of the first reviews is in The Scotsman, and says (in part) "This very fine book is a forensic look at the movement and its influence, and has several points where you both realise something and ponder 'why did I never realise that?'” That is rather what I had hoped for.

The book looks at the intellectual foundations of Traditionalism, its application both to various projects, and "post-Traditionalism." Each chapter looks first at the general intellectual background to the issue it discusses, and then at Traditionalist understandings, starting in most cases with René Guénon and ending as much as possible with living Traditionalists.

Monday, February 20, 2023

Forthcoming book on Traditionalist thought

One of the criticisms that have been made of my original Against the Modern World is that I did not pay enough attention to Traditionalist thought. I agree, and therefore a new book will come out in June 2023 focusing on ideas: Traditionalism: The Radical Project for Restoring Sacred Order. The book is a companion to Against the Modern World, not a replacement--it goes over different ground.

The publishers are Oxford University Press in the US (see cover without tree) at $29.95 (pre-order here) and Pelican in the UK (see cover with tree) at £22 or £9.99 on Kindle (pre-order here). Two very different covers, but the text is the same. 

 


The chapters are:

INTRODUCTORY
1. Traditionalism and the Traditionalists  
2. Historical perennialism  
 
PART I: FOUNDATIONS
3. Traditionalist perennialism   
4. Traditionalist history   
5. The Traditionalist critique of modernity   
6. Traditionalism, thought, and society    

PART II: CORE PROJECTS
7. Self-realization    
8. Religion    
9. Politics    

PART III: FURTHER PROJECTS
10. Art    
11. Gender    
12. Nature    
13. Dialogue  
  
PART IV: POST-TRADITIONALISM
14. The radical right   
 
CONCLUDING
15. Conclusion    

Saturday, April 27, 2019

E. F. Schumacher's path to Traditionalism

A new article in the Journal of the History of Economic Thought traces the path followed by E. F. Schumacher (1911-77, pictured) from being a “relatively conventional economist” to writing the iconoclastic best-seller Small is Beautiful, and then to Traditionalism. The article, “E. F. Schumacher and the Making of ‘Buddhist Economics,’ 1950–1973,” is by Robert Leonard, Professor of Economics at the University of Québec.

Leonard is more interested in the origins of Small is Beautiful (1973) than in Schumacher’s Traditionalism, which from his perspective is justified, as it was Small is Beautiful that had a major impact; Schumacher’s later, Traditionalist A Guide for the Perplexed (1977) was less widely read. Even so, the article shows clearly how Schumacher encountered Traditionalism—and it was not, nor at least not mostly, through Lord Northbourne (1896-1982), as I suggested might have been the case in an earlier blog post.

What lay behind Small is Beautiful was first the impact on a German (Schumacher was born in Bonn) who had spent the Second World War in England of seeing what had happened to Germany in his absence. This led Schumacher to difficult questions and then to the Fourth Way of George Gurdjieff (died 1949). He translated The New Man by the Gurdjieff teacher Maurice Nicoll (1884-1953) into German, and spent time with the Gurdjieff teacher and one-time Sufi J. G. Bennett (1897-1974) at Coombe Springs (later famously acquired by Idries Shah, 1924-96).

When he went to Burma on assignment in 1955, Schumacher initially agreed with another German-British former follower of Bennett living in Burma, the anthropologist and film-maker Gulla Pfeffer (1887-1967), that Gurdjieff’s teaching was really Buddhism—an interesting counterpart to those who were at about the same time concluding that Gurdjieff’s teaching was really Sufism. Pfeffer suggested that Gurdjieff had learned his teachings from “a monastery in Upper Burma," but Schumacher did not go so far: “What we in England call ‘Work’ [the Gurdjieff method] is everywhere here a living thing,” he wrote. “I find that the G./O. [Gurdjieff/Ouspensky] teaching… is remarkably accurate. ‘Self-remembering’ is identical (as far as I can see) with ‘Sattipatthana’ [awareness] as it is being taught here.”

The next ingredients were Gandhi (1869-1948) and swadeshi (self-sufficiency), a nationalist doctrine of local production that Gandhi modified and promoted, and which was then much discussed. It has echoes in today’s local source and ethical trade movements--and, of course, in Small is Beautiful.

Schumacher's path, then, is clear. It was the war-time devastation of Germany, Gurdjieff, and Buddhism, then, that helped structure his reaction to Burma. Next come Gandhi and swadeshi. This gives us Small is Beautiful, and also gives us an interested reader of Ananada Coomaraswamy’s Art and Swadeshi (1912). Coomaraswamy then naturally leads to René Guénon, Traditionalism, and A Guide for the Perplexed. Clear.

Friday, January 18, 2013

Traditionalist economics

Waleed El-Ansary has brought Traditionalism to bear on a new area, Islamic economics, following on E. F. Schumacher's classic application of Traditionalism to economics in general in Small as Beautiful (1973).

El-Ansary, who is University Chair of Islamic Studies in the Department of Theology at Xavier University (Cincinnati, Ohio), has contributed a chapter on "Islamic Science and the Critique of Neoclassical Economic Theory" to Karen Hunt-Ahmed's Contemporary Islamic Finance: Innovations, Applications and Best Practices (Hoboken, NJ: Wiley, 2013), pp. 75-101. El-Ansary gives Schumacher and S. H. Nasr as his points of departure, and concludes that the application of divine law to economics not only ensures that spiritual needs are met rather than ignored, but also strengthens such principles such as justice and contract that are essential for free markets to operate in the first place.