GDP is unscientific and unfair for poorpeople.

Doug Henwood dhenwood at panix.com
Mon Aug 30 16:03:14 PDT 1999


chang wrote:


>Why economists measure only the production of goods for market and their sale?
>Why they don't say anything about the distribution of income or the level of
>human happiness? Should they say anything about the living standards of poor
>people?

Of course they should, but they rarely do, because most people who are "trained" economists are mouthpieces of the bourgeoisie. They believe that competitive markets lead to the efficient allocation of resources, that money is the measure of all things, and people are paid in proportion to their contribution to society. But surely you know this. Why do you keep asking?

Doug



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