I hate GDP. It's a useful idiot to help cloud whats really going on. On it's own it's great, it tells us what the GDP is of a country. But when people say "% of GDP" they are being misleading, or mislead.
Even the economist who came up with GDP did not want it used that way.
#FuckGDP

Graph comparing world, Norway, and Mexico on Sustainable Development Index and Human Development Index. Key points are in the post text.

Norway’s GDP per capita (~$87,000) is 6 times Mexico’s GDP (~$14,000). The Human Development Index (HDI) of Norway (dashed blue line) is 0.96 in 2022, one of the best in the world. The HDI of Mexico (dotted blue line) and the World (thick blue line) is at ~0.7, improving steadily.

#fuckGDP

Alternative 1: Human Development Index Measures health (life expectancy), education (educational achievement), and income (Gross National Income per capita). PROS Measures some important things that GDP does not Shows economic development does not guarantee social development CONS Doesn't take into account important things like political freedom or the environment The factors it considers are very Global North centric and may not measure experiences of people in low-income countries

Alternative 2: Sustainable Development Index • Measures ecological efficiency of human development, recognizing that development must be achieved within planetary boundaries. • Created to update the HDI with the ecological realities.

🗞️ There are alternatives:
- Human Development Index: Measures health, education, and income
- Sustainable Development Index: Measures ecological efficiency of human development, recognizing that development must be achieved within planetary boundaries.

#Degrowth #FuckGDP #GrowthKills
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