Sunday, December 6, 2020

Goodbye GDP, hello humanity

 https://www.huffpost.com/entry/economy-growth-gdp-happiness_n_5fad6f57c5b6d647a39cf60c

 

"It’s a model of economic success ill-equipped to withstand the impact of crises: pandemics, natural disasters, recessions or all three, said Jason Hickel, an economic anthropologist and senior lecturer at Goldsmiths, University of London.

In fact, he said, the growth obsession 'is precisely what got us into this mess in the first place.' Cycles of extraction, production and consumption to feed economies hooked on growth have increased emissions and destroyed nature, exacerbating the climate crisis and increasing the likelihood of more pandemics. It’s a threat to our health, food and water security ― and to our economic stability."

 

Yay!  I hope this catches on.  

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