Re: [Pen-l] Green public investment - spend how much and on what

["Jim Devine" <jdevine03@xxxxxxxxx>]

raghu wrote:
> Why do you say the meaning of growth is unexamined? It seems to me that it has been beaten to death.<

the problem is the knee-jerk tendency (seen among orthodox economists,
but not them alone) to equate "economic growth" with real GDP growth,
just as many equate "the economy" with "markets."

instead of using exchange-value to measure growth (i.e., real GDP),
why not use some aggregate of use-values? something like the Nepalese
Gross Domestic Happiness?
-- 
Jim Devine /  "Nobody told me there'd be days like these / Strange
days indeed -- most peculiar, mama." -- JL.
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