stabby_cicada@slrpnk.net to solarpunk memes@slrpnk.net · 10 months agocapitalism, everybodyslrpnk.netimagemessage-square83fedilinkarrow-up1849arrow-down133
arrow-up1816arrow-down1imagecapitalism, everybodyslrpnk.netstabby_cicada@slrpnk.net to solarpunk memes@slrpnk.net · 10 months agomessage-square83fedilink
minus-squareSkepticalButOpenMinded@lemmy.calinkfedilinkarrow-up2·10 months agoIt doesn’t show how well a country is doing, because GDP is not a direct measure of aggregate utility. For example: GDP can go up, but if it causes the Gini coefficient to rise, a country could be doing much worse than before.
It doesn’t show how well a country is doing, because GDP is not a direct measure of aggregate utility. For example: GDP can go up, but if it causes the Gini coefficient to rise, a country could be doing much worse than before.