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What You Should Know / December 1, 2012

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  • 1. MonkeyMuffins  |  December 10th, 2012 at 3:42 pm

    talk about missing the forest for a tree!

    let us never forget that GDP, “is an inappropriate single measure of national welfare” (to put it diplomatically).

    to put it not-so-diplomatically: it’s not “GDP growth” that is “shitty” but the concepts, practices and consequences of GDP and Growth that are unconscionably, irredeemably shitty.

    What’s Wrong With GDP
    http://shell.ihug.co.nz/~stu/fair/gdp.html

    as long as y’all are focused on GDP and unsustainable-by-definition “Growth”, our problems are guaranteed — by definition — to get exponentially worse … much, much worse …

    but it takes reality based journalists to report such things, so this contraindicated, counterproductive fake-Left versus real-Right pablum posing as meaningful, substantive journalism is all we get.


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