Twenty years after Schumacher's death, the wisdom, warnings and predictions contained in these [his] controversial writings, are seen to be more relevant than ever. Some of his views, such as those on total accounting and accountability, taking not only monetary but environmental and non-renewable resource costs into consideration in policy making, are now at last creeping into the political agenda. (D. Schumacher, 1997, Introduction, p. 17). A decade on from Diana Schumacher's quotation above, there are renewed calls for a paradigm shift from the metaphysics of materialism that informs conventional thinking to holistic theorisations of how we should engage with the other. Twenty-first century frameworks of accountability should emancipate society from the hegemony of neoclassical economics. This special issue posits Schumacher's Middle Way thinking in the context of growing concerns about global warming and clithatic changes, and teases out its implications for holistic accountability by (i) introducing readers to the science of climate change and its implications for managing natural resources and (ii) integrating 'Western' and 'Eastern' tenets of holistic knowledge, without dichotomising them into 'either or' frameworks.
Advances in Public Interest Accounting Vol. 14, p. 3-11