Discuss the view that "Development is thought of and measured only in terms of the positive side of the material ledger"
What will be an ideal response?
Indeed, development narratives emphasize the positive, since development is synonymous with progress. But this assertion is an unrealistic image of development (being only positive) because wealth accumulation has always depended on access to resources to exploit. And so modern accounting depends on, even if it doesn’t measure, a negative side of the ledger, whether it is the exploitation of labor or of nature. Just as economic growth measures include clear cutting forests and oil spill cleanups, they are also enhanced by labor cost reduction. In this sense, “development” is of capitalism, rather than of humans and their relationship with their natural conditions. This does not mean modern capitalism has not brought advances; rather, it means its enu-merators and evaluators render only a partial account of its development processes
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a. true b. false
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