This would give a more accurate accounting of how productively people spend their time and whether national economies are actually producing or depleting resources: “In this transparent picture of reality, the range of knowledge and expertise across disciplines can be brought to the policy process. Economics no longer has us by the throat. Politicians will be required to exercise transparent judgments and find no simplistic and cowardly retreat behind growth-rate indices.” (p. xlviii) Through chapters 7-9, “The Value of Death”, “A Value on Your Time” and “The Eye of the Beholder” Waring describes how capitalist development often means that “In the old days we were poor but there was plenty of food. Now, we have money but nothing to eat.” (Dona Ettelvina, a Mayan villager (p.194).
In fact, what economists say is good for the economy is not necessarily, what we would see as being good for the people trapped in that