Confidence Quote by E.F. Schumacher
““Toward the end of his presidency, he gave one of his most famous speeches, diagnosing a crisis of confidence in the country and attacking materialism as the cause: "In a nation that was proud of hard work, strong families, close-knit communities, and our faith in God, too many of us now tend to worship self-indulgence and consumption.””
About This Quote
Source Book: Small Is Beautiful, E.F. Schumacher, 1973
The nation’s loss of hard work, family, community, and faith leads to materialism and self‑indulgence, eroding societal confidence.
In simple terms: Loss of values fuels materialism.
Revive community values and purposeful work.
Themes
Mood
Type
When to use this quote
- urban planning
- family life
- education
- policy making
Key Concepts
Questions to Reflect On
- How can societies balance material progress with spiritual values?
- What policies encourage community and hard work?
Reviving values may clash with consumerist economic structures.