The Temptation of Power – Part 4: The Business of Caring
There was a time when caring for another human being rarely appeared in the national accounts. Parents raised children. Adult children cared for ageing parents. Neighbours looked after neighbours. Meals were cooked. Clothes were repaired. Homes were maintained. None of this counted towards Gross Domestic Product. It generated no invoices. It attracted no taxation. Yet society functioned. This raises an uncomfortable question. When politicians speak proudly of economic growth, are we always producing more wealth, or are we sometimes merely paying for activities that families once performed without charge? Suppose a mother stays at home to care for her own child. Economically, almost nothing happens. No wages are paid. No income tax is collected. No National Insurance contributions are made. No VAT is charged. The child receives care, but GDP barely notices. Now suppose that same mother returns to paid employment. The child enters professional childcare. The mother earns a salary. The ch...