Banglaeconomics

Which is where the real problem is in this demand that women’s household work be included in GDP.
No, not that it violates economic principles, rather, that your mother, who conceived, carried, bore, suckled, trained you and even now drops hints wondering when the grandchildren will arrive, you’ve now got to go and tell her that all those years of her labour are valued at about what a rickshaw driver gets a month.
It’s easier just to say that including household labour in GDP violates some economic principle or other, isn’t it?

7 comments on “Banglaeconomics

  1. Delightfully subtle mischievousness there helping the Bengali housewives on the march not to undersell themselves.

  2. Don’t look at this the wrong way! The actual intention (no matter what they may say) is to equate the labor expended in “keeping house” with “a job,” i.e., a paying job (which certainly demands to be TAXed!).

    The same idea was at the heart of Hillary’s plans many years ago (during Bill’s first term, as I remember ).

  3. Gene- yeah but why stop at keeping house, why not keeping husband?, and look how much the people who do that specialism get paid.

  4. If you want to include ‘housework’ – why not put a capital gains tax on the woman’s children who do well.
    Or a tax on women who have ordinary children ( usually an expensive and non profit activity)
    And assuming all wives are the same value is manifestly wrong.
    Just see the value adding of a upper class wife.

  5. I spent more than a dozen years living on my own in a flat, so what hourly wage should I set on my housework? My overtime rate? Or what i should have paid an incompetent local to do it?
    For the first few years after I got married I did most of the housework because (i) I knew the flat better and (ii) I was better at it after a dozen’s years’ practice [that changed after #1 son was born and my wife had to stay at home to look after him and took up housework].
    WHERE is the proposal that the housework that I do (or did) is included in GDP?

  6. @ john malpas
    Well said!
    My mother actually spent more time on working for the community than on housework but she taught all of us to cook etc and we average more than one degree and more than three professional qualifications (probably more than 4 – I lost count of little sister’s long ago) apiece.

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