> Yeah.
> Seeing as how the export of raw materials, basic
> commodities is sort of a wash, in terms of income
> accounting w/'natural capital,' that would seem to
> imply that neo-liberal success should be gauged by,
> *among other things*, the extent to which it exports
> manufactured goods, agricultural produce, and services.
> Everybody can't be a net exporter, but everybody can
> have a net trade balance of zero. So for an open
> economy, we should be worried if imports of finished
> products are offset by exports of stuff in more-or-less
> finite supply; this connotes unsustainability.
> If this makes any sense, how do
> neo-liberal success stories (sic) stack up, once
> we go beyond the highest aggregate of GDP? It's nice
> for India to export computer code, but how does the
> growth of these and similar sectors stack up to the
> future needs of the economy as a whole?
>
> mbs
===========
"If it took England the exploitation of half the globe to be what it is today, how many globes will it take India?" {Mahatma Gandhi --in Michael Jacobs' "The Green Economy"]