Source: The Peaceful Revolutionist
by David S D’Amato
“Whenever I criticize GDP, I am pressed as to what I’d replace it with, and many critics of GDP do indeed eagerly pitch their new and improved versions to equally clueless wonks and academics. Perhaps unsurprisingly, I’m not even a little bit interested in such a nasty project, and a central pillar of my criticism of GDP is that it tries to measure the economic health of a country with a single test, even if an aggregate one. I’d suggest instead that no power center, state, or other authoritarian apparatus steering from the putative top should dictate or endorse a single standard of how communities or individuals assess their own wellbeing or economic outcomes.” (10/08/25)
https://dsdamato.substack.com/p/gdp-as-ideological-scam-part-4