I rolled out of bed early this morning in order to be at the polls when they opened at 6 a.m. During the years I've lived in midtown Manhattan, there has never been a line at my polling place. Not so this morning. Not only was there a line, it grew steadily.
Today citizen across the nation answered the question, "Who do we want to lead us?" The bigger question is this: "What kind of a country do we want?"
Participants in last week's Salon, a group I host monthly, began discussing this matter. Our topic was "What Is Wealth?" That some two dozen indexes have been developed which are generally acknowledged to measure human wealth--often referred to as general welfare--was compelling stuff.
We were accustomed to thinking about wealth in terms of Gross National Produce (GNP) and Gross Domestic Product (GDP), statistical indexes commonly used to measure the wealth of nations by determining the value of known goods and services produced within the nation in a given year. These new measures are more comprehensive, more inclusive, than GDP. We wanted to know more.
The Weighted Index of Social Development (WISP), is a Quality of Life measure that uses 40 different social indicators from 10 categories to assess/compare 163 nations. Some of the categories include education, health, the natural environment, general equality, cultural diversity, social chaos, military expenditures and traditions of general welfare--as well as the national economy.
These categories translate human values, values generally ignored in the calculations of GDP, into matters we care about: access to a long and healthy life, democracy, political participation, family and social networks, enjoyable recreational pursuits, low crime rate and more.
One of the key assumptions was the importance of socioeconomic equality. A nation's ranking depends on how evenly its resources are distributed throughout the entire population, the extent of poverty (especially among children) and access to adequate health care, education and housing.
The immediate impact of our Salon conversation last week was to take a bigger view of the wealth we are experiencing even as the financial structure is requiring a bailout and the ties between Wall Street and Main Street are becoming more apparent all the time.
The notion that real wealth is evidenced in human capital, social capital and natural capital resonates with us. So, too, does the notion that real wealth is created by investing in the human capital of productive people, the social capital of caring relationships and the natural capital of healthy ecosystems. In the longer view, we want to see our values/the kind of country we want embedded in the way we measure our wealth.