capitalism, everybodyslrpnk.netimage stabby_cicada ( @stabby_cicada@slrpnk.net ) solarpunk memes@slrpnk.net • 1 year ago message-square34fedilinkarrow-up1448
arrow-up1448imagecapitalism, everybodyslrpnk.net stabby_cicada ( @stabby_cicada@slrpnk.net ) solarpunk memes@slrpnk.net • 1 year ago message-square34fedilink
minus-square GenEcon ( @GenEcon@lemm.ee ) linkfedilink1•1 year agoIn specific cases GDP is flawed, but generally – looking at a lot of countries and a long time frame – a higher GDP means higher living standards.
minus-square LibertyLizard ( @LibertyLizard@slrpnk.net ) linkfedilink2•1 year agoBut that’s the propaganda at work lol. It doesn’t necessarily mean that.
minus-square GenEcon ( @GenEcon@lemm.ee ) linkfedilink1•1 year agoIt does, though. Countries with a higher GDP have higher living standards.
In specific cases GDP is flawed, but generally – looking at a lot of countries and a long time frame – a higher GDP means higher living standards.
But that’s the propaganda at work lol. It doesn’t necessarily mean that.
It does, though. Countries with a higher GDP have higher living standards.