From: Dave Zachariah (davez@kth.se)
Date: Sun May 11 2008 - 06:06:15 EDT
on 2008-05-09 22:11 Paul Cockshott wrote: > Compared to such statistics in kind, figures for national income were, he said, far less revealing. In particular he cautions against accepting the notion of 'real income' or inflation adjusted money income as a surrogate for the quality of life. Such 'real income' is just a reflection of money income and as such only takes into account things that are bought and sold as commodities. > This was a very good post. And an important point too. Bourgeois ideologists in Sweden argue that if millions of people in industrialising countries go from $1 to $3 a day, poverty --- which to them is an absolute monetary level --- has been eradicated and income, and by extension the quality of life, has been improved by +200%. But one needs to look at a wide range of data on material living standards to get a better picture of the "quality of life". //Dave Z _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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