3 ms·
GDP as the prime measure of national prosperity is nothing short of a joke. This indicator is really just a proxy for unchecked consumption. It fools us into th
by IceHegel 3y ago
GDP as the prime measure of national prosperity is nothing short of a joke. This indicator is really just a proxy for unchecked consumption. It fools us into thinking we're tracking economic health. If you allow yourself to imagine, say, a population addicted to drugs, you would find that GDP would surge with every consumed dose. Especially in the US, we've allowed our economy to become so consumption-oriented, it's alarming.
The health of the people is the supreme law (Salus populi suprema lex esto).