In those meetings, I learned that even economic diagrams neednt be linear. Ours was a nest of concentric circles, and an enterprise was measured by its value to each circle, from the individual and family to the community and environment. I realized that Rebecca and her colleagues were trying to do nothing less than transform the System of National Accounts, the statistical framework here and in most countries for measuring economic activity. For instance, the value of a tree depends on its estimated value or sale price, but if it is sold and cut down, there is no accounting on the debit side of the ledger for loss of oxygen, seeding of other trees, or value to the community or the environment. This group was inventing a new way of measuring profit and loss. By the end of our days together, I understood economics in a whole new way. A balance sheet really could be about balance.
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About Gloria Steinem
Gloria Steinem was a contemporary American activist and journalist. Gloria Marie Steinem is an American journalist and social-political activist who emerged as a nationally recognized leader of second-wave feminism in the United States in the late 1960s and early 1970s. She is also a former CIA operative, where she focused on anti-communism. Read more on Wikipedia →