There is some labor out there that doesn’t really contribute to the reported GDP numbers. Water and wastewater workers don’t directly contribute to GDP numbers but do allow other people and businesses to contribute to GDP. The amount of treated water a city creates isn’t counted towards GDP.
Actually, wait. Wouldn’t that mean that the earned income from labor that doesn’t contribute to GDP should be excluded (perhaps not in its entirety, because that labor indirectly contributes)? Which means that the difference between GDP and the compensation to labor to create it is larger?
I will try rephrasing it: its a nonsensical, fucking stupid proposal that gdp should equal earned income, and that somehow if the two are not equal then the difference amounts to slavery.
Do you care to elaborate, why do you even think these two should be the same, and what the difference has to do with slavery, as it relates to the actual meaning of that expression, not random things you don’t like.
Compare the GDP of your country to earned income, do a tiny bit of math, discover what portion of the workforce are slaves.
There is some labor out there that doesn’t really contribute to the reported GDP numbers. Water and wastewater workers don’t directly contribute to GDP numbers but do allow other people and businesses to contribute to GDP. The amount of treated water a city creates isn’t counted towards GDP.
Thank you, that is a totally fair criticism.
Actually, wait. Wouldn’t that mean that the earned income from labor that doesn’t contribute to GDP should be excluded (perhaps not in its entirety, because that labor indirectly contributes)? Which means that the difference between GDP and the compensation to labor to create it is larger?
Mm, so if a worker creates added value, that makes the worker a slave? Interesting theory.
When GDP is three times earned income, labor is being undercompensated so much that approximately two-thirds of the workforce is enslaved, yes.
They could be slave part time though
I will try rephrasing it: its a nonsensical, fucking stupid proposal that gdp should equal earned income, and that somehow if the two are not equal then the difference amounts to slavery.
Do you care to elaborate, why do you even think these two should be the same, and what the difference has to do with slavery, as it relates to the actual meaning of that expression, not random things you don’t like.