Futurework

FYI, I've added the following as link in my site.
Barry
http://home.earthlink.net/~durable/


What Kind of Efficiency Do We Want?

The "economics" we study is about money and labor. Prices reflect the
labor in a product; not the resouces used to make it. Nature has been
excluded from economics: it is "external." Nature must be external
because economics is only about the money-based aspect of our "economic"
activity. The money-cost of goods reflects labor in production; not the
resources used. 

In this context efficiency is measured by labor efficiency. The throw
away economy is the logical result of the pursuit of labor/economic
efficiency since the resouces used in production can be increased to
reduce the labor required. Economics makes resources external and
defines efficiency as labor efficiency only. Because money-economics
must make free resources external it must define efficiency based on
labor and thus tends to ignore many kinds of resouce waste. 

The kind of efficiency we really need is the efficient use of natrual
resources. Trying to make money-economics carry the load of decision
making about resouces is one approach. The other, and better method, is
to be willing to be less efficient in our use of labor to allow an more
efficient use of resources. 

It's not that recycling and repair are so hard or so time consuming.
It's just that services are a cost: not a benefit from the point of view
of economics.

We don't need to worry about efficiency in the economy since we have a
labor surplus. We need to worry about the waste of resources our
efficiency in the use of labor causes.

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Herman Daly "... But if we are interested in the relationship of the
economy to the environment, which must be the foundation of any
meaningful concept of sustainable development, the pre-analytic vision
of conventional economics is actively misleading. It has already assumed
away the environment and made it external to the analysis. Indeed,
economists often refer explicitly to the natural environment as an
externality. Having assumed away the environment to begin with, many
economists dismiss the possibility that there might be environmental
limits to economic growth."

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