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okwithmydecay ( okwithmydecay@leminal.space )  to UK Politics@feddit.ukEnglish · 5 months ago

Zack Polanski wants to use wellbeing targets instead of GDP to measure growth. Is he right?

www.bigissue.com

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Zack Polanski wants to use wellbeing targets instead of GDP to measure growth. Is he right?

www.bigissue.com

okwithmydecay ( okwithmydecay@leminal.space )  to UK Politics@feddit.ukEnglish · 5 months ago
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Zack Polanski thinks UK should move away from GDP. Is he right?
www.bigissue.com
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We asked experts about the potential benefits and drawbacks of moving away from GDP as a measure of growth in the UK.
  • Tetragrade ( Tetragrade@leminal.space ) 
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    5 months ago

    Good point let’s just vibe the code the economy. You know this can actually starve people, yeah?

    • Tenebris Nox ( tenebrisnox@feddit.uk ) 
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      5 months ago

      And you know that GDP wasn’t used before the 1930s? And that Simon Kuznets, the economist who developed it, warned against using it - especially due to its impact on welfare. We really don’t need the targets-driven neoliberalism. There are already millions of children hungry every day in the UK, yeah?

      • Tetragrade ( Tetragrade@leminal.space ) 
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        5 months ago

        I never said GDP should be the target, you said scrap all targets. I don’t believe that anyone who’s ever attempted anything seriously difficult could hold that position in earnest, You need some kind of numeric feedback or you’re cooked.

        • Tenebris Nox ( tenebrisnox@feddit.uk ) 
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          5 months ago

          Kate Raworth uses the term “boundaries”; I’d probably use “thresholds”. Targets are insidious and something to avoid. Societies without targets have existed and thrived. So - yes - let’s ditch all neoliberal targets!

          • Tetragrade ( Tetragrade@leminal.space ) 
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            5 months ago

            Yeah cool you can rename it if you want, whatever.

            • Tenebris Nox ( tenebrisnox@feddit.uk ) 
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              5 months ago

              You too. Best wishes in keep setting yourself those daily targets. The acceleration will happen!

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