GDP is unscientific and unfair for poor people.

Stephen E Philion philion at hawaii.edu
Wed Sep 1 15:36:08 PDT 1999


Precisely, Steve

On Wed, 1 Sep 1999, Charles Brown wrote:


> Would you say this Chinese view is doomed to failure since capitalism is not about to become "fairer" ?
>
> Charles Brown
>
> >>> Stephen E Philion <philion at hawaii.edu> 09/01/99 05:19PM >>>
> >Charles, Seems to me that Ju-chang's arguing that bourgeois economists
> should change their methodology (for no apparent reason) and that we
> should deny the validity of the GDP as a measuring tool altogether.
> Very consistent with the view in China among mainstream intellectuals that
> capitalist markets should be 'fairer'...such pleas thereby legitimate
> further integration of the Chinese political economy into circuits of
> global capitalist production and exchange...and draw attention away from
> the tie between China's ruling class and the agenda of global financing
> institutions...
>
> Steve
>
>
>
> ((((((((((
> >
> > Charles: Marx, Lenin all of them relied on the statistics and data collected by bourgeois governments for their left analyses. Marx used the Blue Books , etc., etc. Lenin got the category "imperialism" from a bourgeois economist. Left use of bourgeois categories is classcial, but not without radical reworking. There is no denial of the rational kernel that must be extracted from the propaganda husk. Without this change, the categories are part of a congame.
> >
> > Seems to me Ju-Chang's questions get at the difference between the
> truth and the fraud in GDP.
> >
> > Charles Brown
> >
> >
>
>
>



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