Sunday, October 2, 2011

A Crisis of Bigness

Interesting article in The Guardian that looks at the economic theory of Leopold Kohr, who argued that "Whenever something is wrong, something is too big."

We have now reached the point that Kohr warned about over half a century ago: the point where "instead of growth serving life, life must now serve growth, perverting the very purpose of existence". Kohr's "crisis of bigness" is upon us and, true to form, we are scrabbling to tackle it with more of the same: closer fiscal unions, tighter global governance, geoengineering schemes, more economic growth. Big, it seems, is as beautiful as ever to those who have the unenviable task of keeping the growth machine going.

Worth a read in full.