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The case for abandoning GDP - an intersectional perspective Pt. 1

Author:
Sonja Hennen

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Year of publication:
2021

Publishers:
Degrowth.info Blog

Language:
Deutsch

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As the current default indicator for economic and social ‘progress’, GDP is the most broadly established measure of a country’s economic performance relative to that of other countries. Conceived as a tool to measure economic quantity, GDP is widely used to assess economic quality, although it ignores a range of vital economic activities, most notably care work. On top of that, the race for GDP growth has dire consequences for the social fabric of societies and increases pressure on the earth’s ecosystems. Is it adequate then to argue that GDP-centeredness perpetuates interdependent systems of disadvantages and injustices?

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