PLEASE READ THIS: TUC radio is affected by the Northern California fires that began last night. My neighborhood is safe so far but I do not know what the next days will bring. Like so many others who lost everything my local internet provider lost his home and workshop in the fire and notified us that he cannot guarantee service.
I decided to upload an archival program to make sure you have a piece by my deadline tomorrow (Tuesday) in the ongoing series on Renegade Economists.
It's actually a perfect fit: Part TWO of the program about Marilyn Waring was last heard in July 2016. I began this series with Part ONE on Waring's time in the New Zealand Parliament and got many calls asking for the second installment that I had replaced with a new talk by her.
So here is the program that I skipped: Whoâs Counting â Marilyn Waring on War, Sex, Lies and Global Economics (Part TWO) â ARCHIVE This film was a secret favorite for those who wanted to decode the economic system of perpetual, destructive growth. And for those who looked for an intelligent explanation of the connection between economics and war. Marilyn Waring was only 22 when she was first elected to the New Zealand Parliament.
This segment is about war. Under the GDP accounting system war is the biggest growth industry of all. When John Maynard Keynes and Richard Stone invented the GDP formula during WWII they explicitly designed is as a system of: âhow to pay for the warâ. This British system was imposed on the world in 1953. No country may be a member of the UN, deal with the IMF or World Bank unless they do their national accounting based on the GDPâ
And some say that unlimited growth along with globalization has driven the wars and environmental destruction of the past 50 plus years. In spite of the magnitude of the problem with Growth and GDP accounting there is an encouraging aspect. If a global system can be designed by two economists, Mr. Keynes and M. Stone, and if it can get imposed â not so long ago â in 1953 â it is possible and necessary to design a different system and set a date for change in the near future.
If you need to reach me by e-mail and <tuc@tucradio.org> does not work during the fires please try <maria2ukiah@gmail.com> My phone is a land line and might stay intact (707) 463-2654
![<?php echo $config['site_title']; ?>](/static/images/rp-navimg.gif)
![Support the <?php echo $config['site_title']; ?>](/static/images/support.png)
