-By Joanna Roughton–
Imagine two cakes.
One I buy from a supermarket. In its own tiny, infinitesimal way, the money I hand over helps keep the check-out staff and shelf-stackers in work. Oh, and shareholders fractionally happier.
The other cake, I bake at home. The ingredients come from the same supermarket, so those shareholders still get a slice (of my cash, not my cake); albeit less than they would have done had I bought the finished product directly from them.
So by baking my own cake, I save a few pennies.
But what about the non-monetary stuff? What if I share the cake-baking experience with a child or, indeed, several of my children?
At that point cooking becomes an end in itself, and not just a means to an end; since the very act of baking becomes something recreational and educational.
And what if I simply enjoy cooking for its own sake? To smell those lovely odours seeping from the oven? To find peace of mind by losing myself, briefly, in a recipe.
Lest you think I have spent too long sniffing the caster sugar, let me say that I pose these questions in a spirit of academic inquiry. I do so, inspired by the words of Professor Michael Burkhard-Piorkowsky, who wrote a working paper in 2011 for a Home Renaissance Foundation conference.
In a subsequent interview with the Mercator website, the professor invokes the memory of Nobel Prize-winning economist Gary Becker (who described the home as a ‘truly small factory’) to raise the cake question.
And, silly though it sounds, the cake question – in a roundabout way – lies at the heart of the debate which the HRF is seeking to promote. Because the work of Becker and Burkhard-Piorkowsky makes clear that the home will never attain the societal status it warrants until it is given the economic value it deserves.
Or, as Burkhard-Piorkowsky eloquently puts it in his 2011 HRF paper: “In mainstream economics…households and families are viewed as mere consumers of so called consumption goods and services, and their productive functions are neglected….Households are like small factories. They combine capital goods, raw materials and labour to clean, feed, procreate and otherwise produce useful commodities.”
This failure to put a price on the output of the home formed part of a recent EU parliamentary debate. The point was made that unpaid care work – for children or the elderly – should be included in GDP figures.
Why stop there?
Every time I take in a parcel from Amazon for a neighbour (because I am at home and they are not), my home is making a small, unrecognised contribution to our economic lifeblood. When a neighbour, a working mother, calls me from the office (where she has been asked to work late) and asks me to take care of her child –gratis – my home is making another micro addition to the wealth of our nation.
There are many other examples, of course. They all have one thing in common though. They show how the work of the home is taken for granted by policy-makers and most economists. Thanks to the work of fresh-thinkers like Professor Burkhard-Piorkowsky, the HRF, and our friends in Brussels, that benighted situation might not last for too much longer.