Editing Measuring well-being

'''Measuring well-being''' is a commonly advocated move in [[monetary reform]] and other [[accounting reform]].  It is rare to agree on it very objectively - it is even more controversial than [[natural capital]] measures.

When applied in the monetary policy system used to determine when new [[currency]] is created, these become the most powerful form of [[moral purchasing]] - in effect, if people spend their money to destroy well-being, the total money supply decreases, and [[inflation]] occurs.  If they spend it to increase well-being, the total money supply increases, and the value of money increases and purchases more well being per each [[unit of account]].

[[SA 8000]] is one way to measure factors believed to affect well-being.  It is probably the only such system objective enough to matter to [[Consumerium]] now.

See [[w:measuring well-being]] for a more general discussion of methods in use.