To be more specific, GDP growth refers to an aggregate that contains
both goods and crap. This is not controversial. It is simply glossed
over in media and political shorthand. The more quantitative growth
becomes the imperative, the less consideration can be given to the
quality of that growth. Crap growth comes at the expense of good
growth. It draws resources away from socially necessary production.

We are coming to the end of the third decade in which US governments
have fostered the production of crap for the sake of growth. A
reduction of that crap would lead, by itself, to negative growth even
if at the same time it freed resources for improving the quality of
life.

This systemic irrationality is something that Marx highlighted in the
Grundrisse. But not only Marx. It is the raison d'etre of ecological
economics: Gus Speth, Robert Costanza, Peter Victor and so on... Let's
not forget J.K. Galbraith or Fred Hirsch.

It is not simply a matter of being for or against "growth". It is
primarily about being for health care and against prisons, for
education and against war, for nutrition and housing and against
plutocratic ostentation. In the neo-liberal political economy, the
goods are expendable because they don't pack the same GDP punch as the
crap. This is rationalized as "the trade off between equity and
efficiency." It's no such thing. It's a trade off between quality and
crap. But if growth is your only criteria, by all means, go for the
crap.

On Wed, Feb 11, 2009 at 2:40 PM, raghu <[email protected]> wrote:
>
> I disagree. I think we should be talking as loudly about the growth
> disease as about other things like health care.
> -raghu.
>

-- 
Sandwichman
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