3 ms·
Is GDP a good metric of the planets net worth? I'd say biodiversity is a better one. If you include the opportunity cost of losing all the value bound in the g
by thatcat 8y ago
Is GDP a good metric of the planets net worth?
I'd say biodiversity is a better one. If you include the opportunity cost of losing all the value bound in the genes of organisms that will go extinct before we can use it, for example, things look much worse.
If you insist on GDP, then what will be the effect on the distribution of wealth? And decades of stagnant GDP's effect on investment in technology? Without constant growth many things will fall apart in our society.