Posted: Apr 06, 2013 8:57 am
Steve wrote:Loren Michael wrote:Steve wrote:I would not argue over your definitions of capitalism - no one cares. What matters is the United Nations who set the rules in the United Nations system of National Accounts. All nations have to conform to belong to the UN, to borrow from world banks. And that is a fucking mess. That is why poverty is ignored and Monsanto gets all the love and kisses.
Poverty is ignored because of the UN System of National Accounts? Really?
I think poverty is ignored because it's easy to ignore, and it's easy to invest in "solutions" that don't work.
I think Monsanto gets all the love and kisses because it's a money maker that invests in good products and good lobbyists.
Wow. Just wow. The reason poverty is ignored is the same reason women's work is largely ignored - it doesn't get measured by the SNA. It does not factor in GDP.
I suppose if we're considering strawconomists who consider GDP and nothing else, that might be true. Do you have any evidence that this is the case?