Schumacher Center for a New Economics

The Schumacher Center is pleased to sponsor Chad Lawson Cooper's "W.E.B. Du Bois: An American Hero." The play will be performed at Monument Mountain Regional High School on February 21st. Get your tickets here: eventbrite.com/e/web-du-bois-…

History of New Economic Thought: Pt. 23 1926: G. K. Chesterton was a founder of the Distributist League. Based on the principles of Catholic social teaching, it defended property ownership as a fundamental right for all.

History of New Economic Thought: Pt. 22 Silvio Gesell published "The Natural Economic Order," an influential work on monetary and social reform. Gesell proposed the creation of "stamped money,” which would decrease in value over time.

History of New Economic Thought: Pt. 21 1913: Rabindranath Tagore won the Nobel Prize in Literature. He promoted the renewal of village life to strengthen economic life as a whole, and he drew attention to economics being intertwined with social & environmental factors.

History of New Economic Thought: Pt. 20 1908: Leo Tolstoy wrote "A Letter to a Hindu" in support of Indian independence from British colonial rule. Mahatma Gandhi was later influenced by this letter and asked Tolstoy for permission to share it with the South African population.

History of New Economic Thought: Pt. 19 1908: Mahatma Gandhi translated John Ruskin's "Unto This Last” and added his own commentary. As a result, Ruskin’s work had a strong influence on "Gandhian Economics" after Gandhi's death.

History of New Economic Thought: Pt. 18 1901: WEB Du Bois published "The Souls of Black Folk," arguing that Black Americans should use cooperative economic structures to build wealth in their own communities because segregation removed them from the larger economy.

History of New Economic Thought: Pt. 17 Thorstein Veblen published "The Theory of the Leisure Class," criticizing consumer culture and materialism. He later argued that businesses pursuing production of useful goods are obstructed by businesses that pursue profit above all else.

History of New Economic Thought: Pt. 16 1898: Peter Kropotkin published his landmark work, "Fields, Factories and Workshops.” In it, he argued for local organization and production, with a vision of cooperation rather than competition driving economic actions.

History of New Economic Thought: Pt. 15 1891: Pope Leo XIII issued an encyclical on labor, capital, and the conditions of the working poor.

History of New Economic Thought: Pt. 14 1891: Beatrice Webb published "The Cooperative Movement in Great Britain," proposing co-operative wholesale societies, larger co-operatives that are made up of member co-operatives. She also coined the term "collective bargaining."

History of New Economic Thought: Pt. 13 "Three Acres and a Cow" 1885: Jesse Collings led a land-reform campaign, adopting the slogan "Three Acres and a Cow."

Last week, Samantha Power and Tyler Wakefield electrified the audience with an urgently grounded yet hopeful lecture at the 45th Annual E.F. Schumacher Lecture. See how one audience member (a leader in the Bioregionalist movement) reacted: linkedin.com/posts/billbaue…

History of New Economic Thought: Pt. 12 1879: Henry George published "Progress and Poverty," building on the ideas of Thomas Paine, John Locke, and Baruch Spinoza to popularize the idea of public revenues from taxes on the privilege of privately holding natural resources.

History of New Economic Thought: Pt. 11 1864: Friedrich Wilhelm Raiffeisen was a pioneer in the early days of microfinance, which has since become a popular movement. He opened the first cooperative lending bank in Germany, also considered the first rural credit union.

2 MORE DAYS! The 45th Annual EF Schumacher Lecture is THIS SATURDAY @ 3PM @ St. James Place in Gt. Barrington, MA! Samantha Power & Tyler Wakefield will discuss The Promise of Bioregional Economies with Schumacher board member Alex Forrester. Info/Tix: centerforneweconomics.org/events/the-45t…

What conditions must be in place to encourage entrepreneurs to produce more goods intended for local markets? Learn more about how a new generation of bioregionalists are addressing this question in our newsletter! centerforneweconomics.org/newsletters/th…

History of New Economic Thought: Pt. 10 1860: John Ruskin published "Unto This Last,” providing a precursor for the study of the third-sector or social economy and putting forward essential questions about whether anyone should be denied the ability to earn a living wage.

THIS SATURDAY: Join us at St. James Place in Great Barrington, MA, Saturday @ 3PM for the 45th Annual EF Schumacher Lecture! Samantha Power & Alex Forrester will lead a discussion around "The Promise of Bioregional Economies" Info & Tix: centerforneweconomics.org/events/the-45t…

Happening in 9 days! Get your tickets now: universe.com/events/45th-an…