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Yes. Somehow same stuff becomes a proper work if we hired a nanny. I guess „work“ depends on generating GDP for many people. Sort of like me cooking dinner is
by mantas 4y ago
Yes. Somehow same stuff becomes a proper work if we hired a nanny.
I guess „work“ depends on generating GDP for many people. Sort of like me cooking dinner is not work, yet cook at a restaurant is working.
- orwin 4y ago> I guess „work“ depends on generating GDP for many people Exactly. If a city council hire a gardener, buy his tools and pay him 40k/yr, the nominal GDP will be 40k (+ the tool's prices for the first year and their maintenance costs). If the city council pay a company 80k/yr to take care of the same, they will hire a gardener 40k, buy tools, and the GDP will be 120k/yr (+ tools prices etc). Even though the production was the same. If you wife worked and you had to pay a nanny, the GDP of your country would rise more than if the nanny was formed to take on your wife job.
- mantas 4y agoI know the numbers. But IMO that's wrong. Dinner is dinner, wether I cooked it myself or paid someone to cook it for me. Rat race for GDP without context must die.