3 ms·
>so values for things like repairability are going to be different every time someone refers to these gdp statistics I want to remind them that London and Pari
by Barrin92 4y ago
>so values for things like repairability are going to be different
every time someone refers to these gdp statistics I want to remind them that London and Paris (not the respective countries, the capitals!) are apparently poorer than Montana or South Dakota overall. I don't know who comes up with these numbers but if you've ever been in these places and think your average Parisian is in more need of repair and self-reliance than your average resident of Montana I'd be very surprised
In fact the repair debate itself shows how silly this argument is, given that self-repair, involving no or little economic activity, renders you poorer by the accounting logic of our economic system.
- chrisseaton 4y agoNot GDP, income adjusted for purchasing power, taxes, and government benefits in kind.