UK Politics

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179

Zack Polanski wants to use wellbeing targets instead of GDP to measure growth. Is he right? (www.bigissue.com)

submitted 4 days ago by okwithmydecay@leminal.space to c/uk_politics@feddit.uk

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[–] tenebrisnox@feddit.uk 0 points 3 days ago (1 children)

And you know that GDP wasn't used before the 1930s? And that Simon Kuznets, the economist who developed it, warned against using it - especially due to its impact on welfare. We really don't need the targets-driven neoliberalism. There are already millions of children hungry every day in the UK, yeah?

[–] Tetragrade@leminal.space 2 points 2 days ago* (last edited 2 days ago) (1 children)

I never said GDP should be the target, you said scrap all targets. I don't believe that anyone who's ever attempted anything seriously difficult could hold that position in earnest, You need some kind of numeric feedback or you're cooked.

[–] tenebrisnox@feddit.uk 0 points 2 days ago (1 children)

Kate Raworth uses the term "boundaries"; I'd probably use "thresholds". Targets are insidious and something to avoid. Societies without targets have existed and thrived. So - yes - let's ditch all neoliberal targets!

[–] Tetragrade@leminal.space 1 points 2 days ago (1 children)

Yeah cool you can rename it if you want, whatever.

[–] tenebrisnox@feddit.uk 1 points 2 days ago

You too. Best wishes in keep setting yourself those daily targets. The acceleration will happen!