Book Review of The Real Wealth of Nations
an article by David Adams

The new book by Riane Eisler, The Real Wealth of Nations, is an important contribution to a culture of peace. Eisler is best known for her earlier book The Chalice and the Blade, which is more explicit about cultures associated with war and peace. She also has previously published a book entitled Educating for a Culture of Peace. The new book, however, does not explicitly deal with culture of war or culture of peace.

Eisler contributes by promoting a "new economics" and by recognizing the recent efforts by a number of economists to include measures of household work as an important part of a nation's economic output. She convincingly shows that the ignoring of household work by the "old economists" was part and parcel of the sexist double standard of our societies which values the work of men but not the work of women.

She calls for a "caring revolution." An especially valuable contribution is the book's collection of evidence showing that it is profitable for private corporations to provide day-care, flex-time and other arrangements that value household work.

In my opinion, however, there is a serious omission in Eisler's "new economics." Military spending by governments is treated like other spending. Instead, it should be treated as a net loss, draining from the economy labor and materiel that could otherwise be engaged in production of useful goods and services. This approach has been effectively used by the economist Lloyd J. Dumas in his 1986 book The Overburdened Economy and it explains why the the Soviet empire collapsed. By failing to consider this, the Eisler book fails to consider the likelihood that the American empire is headed for a similar prolonged decline and possible eventual collapse.

Eisler's conclusion, that we need to move from "dominator systems" to "partnership systems" has many points of similarity to the United Nations analysis of the transition from a culture of war to a culture of peace. A further comparison of these two analytic approaches would be useful.

The Real Wealth of Nations is published by Berret-Koehler Publishers of San Francisco.

DISCUSSION

Question(s) related to this article:

Dominator/Partnership and Culture of War/Culture of Peace
How are the analyses similar or different?

Does military spending lead to economic decline and collapse?


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CULTURE OF PEACE IN EVERYDAY LIFE

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