GDP is seen as the universal yardstick of progress and the highest goal of politics. But economic historian Dirk Philipsen argues that the world can no longer afford GDP rule, and it’s time now for a different measure.
Today, increasing GDP is the highest goal of politics. But a finite planet cannot sustain blind and indefinite expansion. If we consider future generations equal to our own, replacing the GDP regime is the ethical imperative of our times.
Economic historian Dirk Philipsen shows how the history of GDP reveals unique opportunities to fashion smarter goals and measures, and explores a possible roadmap for a future that advances quality of life rather than indiscriminate growth.
Do modern economies reward the extractors – not the creators – of economic value? Leading economist Mariana Mazzucato urges us to rethink how we determine value in our economy.