Brian,

These acronymic calculations are of interest only to governments (and perhaps to professional economists).

They are really of little use to anyone else - though they help to fill newspaper columns.

I have absolutely no idea what is meant by "to find out whether the war was economically profitable".

Harry
-------------------------------------------------------

Brian wrote:

EDwrote:
> I suppose it would depend on how threatening to conventional norms the
> curiosity was.  If one proposed to demonstrate that the quality of
> life was
> inversely related to GDP one might not get funded.

Hi Ed,
Marilyn Waring created a documentary film called "Sex, Lies, and
Economics". You can get it through your public library.It is available
through NFB. In it she challenges the concept of GDP as it is currently
define:
-----------------------------
Meanwhile more feminists have tried to bring this submerged economy to
the surface, particularly with regard to women's work (Waring: 1988
Henderson:1993 Steinem: 1993). Particularly Marilyn Waring has tried to
show, what it would mean if women's work counted, if their work was
included in the GDP. In my view, the most interesting part of her
analysis is her tracing the history of the GDP as an indicator of
economic growth, which was/is considered equivalent to "well-being".

Not only was this indicator developed by British economists like Keynes,
Stone and Gilbert during WW II (Waring: 1989) in order to find out
whether the war was economically profitable, after the war this
indicator was universalized in the UNSNA (United Nations System of
National Accounting) to measure the achievements, i. e. the growth of
all national economies in the world. It is characteristic for this
indicator that it excludes not only women's work in the household, but
also all other non-wage work for subsistence, particularly that of small
peasants in the South. It also excludes the "work" of nature; her
regenerative cycles are taken for granted. Not the destruction of nature
is counted, but only if the repair of this destruction involves further
wage labour, investment, industry, profits. Only the labour that
contributes directly to the generation of profit is called productive
labour. And only the labour that produces commodities is counted in the
GDP. Hence, the GDP is still an indicator which rather measures
destructive production than the well-being of people. This is quite
evident if one looks at the environmental and social costs of what still
is called "development". As a recent example I want to mention the
gigantic dam project on the Narmada in India, known as the Sardar
Sarovar Project. 3,000 dam projects are planned which are supposed to
serve for irrigation, power generation, drinking water collection. But
this "development", meant mainly for urban and rural middle classes,
will destroy the livelihood of more than 200,000 people - mainly
tribals, who are being evicted from their traditional habitat in the
forests. It will destroy huge areas of primeval forests with their
wild-life, their species variety, and it will also destroy a large
number of temples on the river banks, cultural centres since ancient
times. The promoters of this project, the World Bank (which meanwhile
has stopped its credits) and the Indian Government simply argue, that in
the process of development always some people will have to suffer. Of
course, those who have to suffer are never those who reap the fruits of
this development.

--------------------------------------
So you can see Ed that the GDP was the creation of a man, Keynes, whose
beliefs, assumptions, attitudes and values shaped his economic theory.
What if a women had been given the task?

Take care,
Brian

******************************
Harry Pollard
Henry George School of LA
Box 655
Tujunga  CA  91042
[EMAIL PROTECTED]
Tel: (818) 352-4141
Fax: (818) 353-2242
*******************************

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