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I’m not sure why the GDP is a concern, frankly. How does this affect citizens in a material way? That is why I keep bringing up the 401k—to illustrate the absur
by monadic2 6y ago
I’m not sure why the GDP is a concern, frankly. How does this affect citizens in a material way? That is why I keep bringing up the 401k—to illustrate the absurdity of using an abstract measurement (GDP) to justify material loss of life.
- umanwizard 6y agoGDP per capita is one of the most strongly correlated metrics to quality of life. If you think people are living better in Denmark or Ireland than in Mexico or Turkey, how do you explain this other than GDP per capita? Again, this has nothing to do with 401ks or the stock market. Some countries have been rich and others have been poor since well before stock markets were invented. If you don’t think life is better in richer countries than in poorer countries, I’m not sure I can convince you of anything.