Word: socialize
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...their spare time, China's leaders are reaching under the carpet to tackle the country's endemic corruption, epidemic pollution, emaciated health care, shredded social services, entrenched industrial overcapacity and swiftly aging population, to name a few. They have little remaining bandwidth, and no experience or desire to be the visionary and magnanimous world leaders who can look beyond China's own often desperate needs that the world wants them...
...central bankers - as well as a local alternative currency, with Vermont pension and operating funds invested not in Wall Street but in locally owned financial institutions. "We favor devolution of political power from the state back to local communities, making the governing structure for towns, schools, hospitals and social services much like that of small, decentralized states like Switzerland," declares the group's "21st Century Statement of Principles...
...what about that comfort zone of Social Security, Medicare, Medicaid and food stamps, plus the infrastructure currently funded by the federal government, including bridges, roads and particularly the interstate highways? One analysis by a researcher at the University of Vermont found that the state only gets 75 cents back for every dollar it hands over to the federal center. The secessionists say they'd prefer to save their money and keep it at home. "Not only would an independent Vermont survive," says Naylor, "It would thrive, because it would free up entrepreneurial forces heretofore held in abeyance...
...calculation that's been attracting attention is the Happy Planet Index (HPI), which combines economic metrics with indicators of well-being, including subjective measures of life satisfaction, which have become quite sophisticated (HPI uses data from Gallup, World Values Survey, and Ecological Footprint). The HPI assesses social and economic well-being in the context of resources used, looking at the degree of human happiness generated per quantity of environment consumed. The HPI metric was driven in part by the recognition that the environmental costs of economic growth must be figured into standard-of-living reports. (See the worst business deals...
...seems the HDI and HPI have it over the GDP. For its report "International Public Opinion on Measuring National Progress: 2007" GlobeScan, a research firm based in Canada and London, surveyed 1,000 people in each of 10 countries not including the U.S.. When asked whether health, social and environmental status should figure into measures of national progress as much as economic data, between 70% (Russia) and 86% (France) agreed. "It's common sense and matches their experience," says Hazel Henderson, whose firm commissioned the study. "People know there is much valuable in their lives besides what...