From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Fri Oct 24 2003 - 08:19:26 EDT
It occurs to me now that an even simpler way to get rough estimates for this would be to calculate: global GNP ------------------------ global population and: global wealth ------------------------- global population The latter figure might be more useful but statistics on national wealth are more difficult to obtain than statistics on national income. I recognize that there are problems with GDP including not taking into account most goods and services that are not for sale, ignoring the underground economy, and not taking into account external costs, but these problems wouldn't make the statistics meaningless as all that one would want for the purposes at hand is a rough estimate. Alternatively, one could try to adjust GDP figures to account for these problems if one views them as statistically significant -- which some of them, e.g. the underground economy, probably are. After one had these numbers then one could make estimates about what goods and services a global socialist society could afford to provide for its citizens given whatever the current state of the productive forces is. Okay, the above is probably too simple. Please explain why. In solidarity, Jerry
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