On Dec 1, 2008, at 4:29 PM, Jim Devine wrote:

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?

What would be the unit of measure?

I think you mean Bhutan, and here's what Wikipedia says about that:

<http://en.wikipedia.org/wiki/Gross_National_Happiness>

Critics allege that because GNH depends on a series of subjective judgments about well-being, governments may be able to define GNH in a way that suits their interests. In the case of Bhutan, for instance, they say that the government expelled about one hundred thousand people and stripped them of their Bhutanese citizenship on the grounds that the deportees were ethnic Nepalese who had settled in the country illegally.[3][4] While this would reduce Bhutan's wealth by most traditional measures such as GDP, the Bhutan government claims it has not reduced Bhutan's GNH.
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