well, you should know by now that economy to lots is measured by tangibles.. intangibles like welfare of the people, their psychic health, their dignity cannot be measured and thus thrown out... they do not feature in the Balance Sheet and Profit/Loss Statements...
add to that, things that is not part of the bottomline, like air pollution, deforestation, increased health expenditure of their staff, are also not their concern...
one only need look at the way the Casino debate seems to be developing... on one side, people looking at the currency that is generated by the casino only, refusing to recognise that studies show that for every dollar generated by the casino, $2 is spent by the community addressing the problems like vice, drugs and crime attracted by the casinos... to them only the bottomline matters...
but in the end, the people will have to become more resilient, tougher, harder.. to pick up the pieces... well, bruise and cut too many times, the wound becomes a callous.. and we become callous too...
alas...
Originally posted by laurence82:
btw, the word economy shouldnt be put down negatively
economy =/= money alone
when one study economy as a uni module, or when economists make decisions, they consider many other factors..
one thing, which economists understand, is that everything revolves around another..the economy isnt just a bare money making mechanism...