Starting in the late 1970s, @scmallaby writes, economists began to wield extraordinary influence. The upshot was the greatest financial crash in recent memory, and a crisis of legitimacy in the world’s advanced democracies.http://on.theatln.tc/MP6JtaZ
What we need is a new economic vision that revolves around our own well-being. Instead of GDP and capital efficiency, we should use our own health, mental health, childhood success rates, freedom from addiction and environmental quality as the new measures of economic progress.
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Besides, those favorable conditions will lead to the most productive society possible.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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The problem with current economic models is they treat us all as inputs into a system. The system should be trying to optimize for our well-being. When GDP and life expectancy are going in opposite directions you know the measures are leading us in the wrong direction.
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Maybe you should ditch capitalism, because that’s literally what capitalism does
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Uusi keskustelu -
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It’s about time somebody said it. This “economy” Trump, and Obama before him, and and all the rest of them, brag about only belongs to less than half of us.
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Only a small portion is shared.
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Uusi keskustelu -
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Tämä twiitti ei ole saatavilla.
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You’re not alone
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I really respect this reframing of what success looks like
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Tämä twiitti ei ole saatavilla.
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Yeah. I think it's a fundamental misunderstanding of how economists and policymakers use GDP.
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