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The Free Range Virtual Library:

Time to leave GDP behind

Nature, vol.505 pp.283-285, 16/01/2014


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Resource information:
Resource IDcostanza2014
Resource titleTime to leave GDP behind
Author(s)Robert Costanza, Ida Kubiszewski, Enrico Giovannini, Hunter Lovins, Jacqueline McGlade, Kate E. Pickett, Kristín Vala Ragnarsdóttir, Debra Roberts, Roberto De Vogli, Richard Wilkinson
Publication/ sourceNature, vol.505 pp.283-285
Date published16/01/2014
Summary text/ abstractGDP measures mainly market transactions. It ignores social costs, environmental impacts and income inequality. If a business used GDP-style accounting, it would aim to maximize gross revenue – even at the expense of profitability, efficiency, sustainability or flexibility. That is hardly smart or sustainable (think Enron). Yet since the end of the Second World War, promoting GDP growth has remained the primary national policy goal in almost every country.
Library categoriesAnarchism & Action, Economics, Politics, Simplicity
Added to Free Range Library17/01/2014
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