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This is a large part of why many economies of poorer countries look worse on paper than they really are. It isn’t that people aren’t doing the work, they just a
by timeagain 3y ago
This is a large part of why many economies of poorer countries look worse on paper than they really are. It isn’t that people aren’t doing the work, they just aren’t doing it for pay in a hyper-individualized way. The kids are taken care of, the food gets made, the sheep are herded, and no money gets transferred so GDP/capita languishes.
In this way economic measurements, investment bankers, the spooky IMF, etc are an active assault on community living. The Coffee-Cola Song comes to mind.