This is the conundrum of productivity.
[1] https://www.bls.gov/emp/tables/emp-by-major-occupational-gro...
This is the conundrum of productivity.
[1] https://www.bls.gov/emp/tables/emp-by-major-occupational-gro...
One of the things that economic demographers like to mutter about from time to time is that lifespan is going up, but healthspan is not. Women live longer than men, but approximately all of the extra is spent in a state of ill health.
What there were not, was lots of people on oxygen or in wheelchairs or on dialysis or taking insulin daily. Lifespan is going up because we are keeping sick people alive for longer.
It's not wrong, but also there's a strange sort of value judgment hidden within the phrasing, and maybe within yours as well. We seem to be saying that this sort of growth is bad, or at least inferior to the kind where more "Stuff" is made. The article even directly refers to healthcare as "unproductive." It doesn't FEEL unproductive to the people who get to live longer, happier lives.
Locke was thinking in agrarian terms, about how farmers work the land, or how many ships a nation has in its fleet - he was building off the mercantilism of prior centuries which was also balance-sheet driven, but in a pure trading sense, with no connection between labor/ownership. That connection was important to ushering in coherent industrial policy, since it expressed the idea of importing raw materials and then exporting finished ones at a profit - when you come up with new categories of asset to sell, or optimizations on existing ones, the economy provides more goods and services, it experiences a gain in material wealth. The real limitation is that it's too localized: commons goods are persistently attacked by it because they don't figure into the balance sheet.
Locke can be forgiven, but his modern disciples less so.