2025-12-18 20:24 UTC
@miss_rodent @pluralistic
Repeatedly selling the same thing creates GDP but not value.
If a friend and I trade a share worth $1m (based on real-world stuff) back and forth one million times, that would count as generating $1 trillion in GDP. Even though we'd end up back where we started!
Replies (1)
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@mahadevank@mastodon.social 2025-12-18 20:29
@Globaltom@mstdn.ca @miss_rodent@girlcock.club @pluralistic@mamot.fr oh wow this too Also GDP has no bearing whatsoever to quality of life Could be just coming from high incidence of cancer and its expensive treatment for example