Our economic system assigns no value to peace and to the preservation of the environment
Marilyn Waring’s work and intriguing life are described in a documentary film by Terre Nash. I’m bringing back the soundtrack of this film to support a debate on the unquestioned need for economic growth at all cost and on what course to take to end the war on Ukraine.
At age 22 (in 1974) Marilyn Waring became the youngest member of the New Zealand Parliament. She chaired the prestigious Public Expenditures Committee and became familiar with the Gross Domestic Product system and decided to disclose its pathologies in a film, her teachings at AUT University in Auckland and really her life as a feminist economist. The film, “Who’s Counting” traces her quest to explore how the fate of women and of the earth are irrevocably tied up with the deadly pursuit of economic growth.
Marilyn Waring was shocked and dismayed when she learned that all countries that are members of the UN are forced to keep their books and design their budgets under the system of National Income Accounting. This GDP system counts only cash transactions in the market and recognizes no value other than money. This means there is no value to peace and to the preservation of the environment.
Podcast: Play in new window | Download (Duration: 28:59 — 39.8MB)
