GDP IS NOT THE HOLY GRAIL IT IS MADE OUT TO BE
GROSS DOMESTIC PRODUCT DELUSION
EVERY BIT OF ECONOMIC ACTIVITY IS COUNTED UP AND TREASURED AS IF EVERY EXPENDITURE WAS AN EXPRESSION OF REAL WEALTH BEING CREATED EVERYWHERE THROUGHOUT SOCIETY. TRUE WEALTH FOR ALL IS QUITE DIFFERENT FROM A PROCESS WHICH ACCUMULATES MONEY FOR A PERSON OR CORPORATION BUT BOTH OF THESE AND MANY OTHER TRANSACTIONS ARE COUNTED IN GDP.
THE COST AND THUS THE QUANTIFICATION OF MATERIALS USED OF MANY COUNTERPRODUCTIVE ACTIVITIES IS A PLUS, ADDING TO GDP.
SOME POLICING AND INCARCERATION IS UNAVOIDABLE BUT A LOT OF THAT ACTIVITY DOES NOT ADD TO REAL WEALTH BUT IT IS COUNTED AS PART OF GROSS DOMESTIC PRODUCT.
A LOT OF FINANCIAL SERVICES ARE NECESSARY BUT MANY ARE NOT NECESSARY AND ARE EXPLOITATIVE AND IN REALITY THEY CREATE A LOSS OF WEALTH AND SERVICES FOR CITIZENS BUT ALL OF THE COSTS ARE COUNTED AS AND JUDGED TO BE A CUMULATIVE VALUE ADDED TO GDP.
THE CUMULATIVE EFFECT OF A GROWING GDP IS MORE:
ENVIRONMENTAL DAMAGE
DEPLETION OF RESOURCES
DESTRUCTION OF NATURAL HABITAT
THE DISPLACEMENT OF ANIMALS
THE DISPLACEMENT OF HUMANS
A CONCENTRATION OF WEALTH IN THE HOLDINGS OF THE RICH
MORE MONEY AND RESOURCES FOR UNNECESSARY MILITARY EQUIPMENT, INFRASTRUCTURE, AND MILITARY ADVENTURING
AND THEN ALL THAT SHIT GETS ADDED IN TO THE GDP LIKE THE SUN AND THE MOON AND THE STARS AND LIKE IT WAS MANNA FROM HEAVEN.
TIRES THAT WERE CUMULATIVE IN GDP
You have the attention span of a gnat.
ReplyDeleteYou make no sense. When the Chinese Dictatorship creates environmental damage and uses resources you applaud the increase in GDP. When the Rockcliffe was purchased you thought " a rise in interest rates would stop... from doing such projects."
DeleteThe increase in GDP was in the real "human sustenance economy" without creating environmental damage and using very little resources.
Braindead Penguin condemns that and thinks that paying out wages is also not a valuable contribution to GDP and it was done in my places of employment without burning coal or Deforesting BC.