Beyond the Bailout: Measure What We Really Want |
Thursday Dec 18 2008
By David Korten | Website
Read the previous post in this series.
The only legitimate function of an economic system is to serve life. At present, however, we assess economic performance solely against financial indicators—gross domestic product (GDP) and stock prices—while disregarding social and environmental consequences. We are now paying the price for years of managing the economy for financial performance, which translates into making money for people who have money—that is, making rich people richer.
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Written by eldering at The Great Turning
Tagged with: gdp happiness health well-being
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