Ron,

I said nothing whatsoever about economic "progress." I specifically
challenged the meaningfulness of the notion of economic "growth". Economic
*progress,* by contrast, would require discarding the obsolete and
discredited terminology from the mid-1950s.


On Thu, Mar 20, 2014 at 11:57 PM, <[email protected]> wrote:

>  "Patrick Bond" <[email protected]>
>
> *> *On 2014/03/21 08:09 AM, [email protected] wrote:
>
>  >>Paul Baran defines economic growth as "increase over time in per
> capita output of material goods". What's your
>  problem with that?
>
> > Impeccable source though it is, Baran's is sufficiently close to GDP to
> roll out the usual correctives, not so?
>
> I was responding to previous poster's claim that economic progress wasn't
> a valid concept. You are simply saying that Baran's definition isn't
> appropriate because it doesn't subtract the harmful aspect of production
> which is a good point and I would also make changes to Baran's definition.
>
> --
>   Ron
>
>
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>


-- 
Cheers,

Tom Walker (Sandwichman)
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