Wellbeing measure versus GDP

stop using GDP as measure of economic success; it is flawed and does not show the value of a nation in terms of what is important for the wellbeing of society

Why the contribution is important

GDP is a limited measure We have learned what really matters during this crisis- what is essential value-added work, what is meaningful- it’s about connection, making a positive difference, helping each other, leaving no one behind.

by Sandgold69 on May 11, 2020 at 09:14PM

Current Rating

Average rating: 4.4
Based on: 7 votes

Comments

  • Posted by Kgal May 11, 2020 at 21:24

    Agree. I also think we need better and accessible communication to the public about what the economy really is. Many people just think the economy is money and stocks & shares. The public need real life illustrations of what the economy really means for society and how it can in turn have an impact on lost lives too.
  • Posted by BnB May 11, 2020 at 21:26

    Yes - it's time to rethink what we 'officially' value in our country. I would add to the listed values above looking after the environment, which is one of Scotland's greatest assests.
  • Posted by AlbertRoad81 May 11, 2020 at 21:57

    Lovely idea but it is GDP that pays for the NHS, teachers, fire service and the police.
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