3 ms·
That's because that's not what GDP tries to capture. Might as well complain the # of songs played on the radio doesn't capture the quality of music composition
by rmah 5y ago
That's because that's not what GDP tries to capture. Might as well complain the # of songs played on the radio doesn't capture the quality of music composition..
- uoaei 5y agoWhen the GDP is used as a de facto synonym for "progress" in the entirety of popular culture, yours is not really a critique from solid ground.
- ladyattis 5y agoThat's kind of the problem. The originator of the GDP formula explicitly told Congress that it wasn't meant for wealth creation metrics but Congress continues to utilize it to measure said wealth creation for obvious reasons (haha, line goes up meme here).