Why GDP Could Stand for ‘Going to Destroy the Planet’—We Need New Economic Measures for a Sustainable Economy | Kate Raworth | Alternet

Photo Credit: Lightspring/Shutterstock
As long as GDP growth is the primary economic goal, achieving prosperity for all within the means of what the Earth can provide simply isn’t possible.

By Kate Raworth / Chelsea Green Publishing April 2, 2017

The following excerpt is from the new book Doughnut Economics: 7 Ways to Think Like a 21st Century Economist, by Kate Raworth (Chelsea Green Publishing, 2017)

Once a year, the leaders of the world’s most powerful countries meet to discuss the global economy. In 2014, for instance, they met in Brisbane, Australia, where they discussed global trade, infrastructure, jobs and financial reform, stroked koalas for the cameras, and then rallied behind one overriding ambition. ‘G20 leaders pledge to grow their economies by 2.1%’, trumpeted the global news headlines—adding that this was more ambitious than the 2.0 percent that they had initially intended to target.

…(read more).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s