The case for abandoning GDP – An intersectional perspective Pt. 2 GDP is a flawed guide to prosperity. What else should we measure if we want to do better?
“The welfare of a nation can scarcely be inferred from a measurement of national income”. Those were the words of Simon Kuznets, who developed the first national income accounts in the United States. And yet, we look back on decades of appropriating GDP as a measure of social welfare and progress.
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. read more
Degrowth is a movement that explores another direction for society, one where ecological and social justice become possible, along with more meaningful lives. While there is no single definition for degrowth, this entry attempts to offer some guidance for understanding degrowth in all its diversity.
The prospects for Earth’s biological diversity look increasingly bleak. The urgency of global efforts to preserve biodiversity long predates the COVID-19 crisis, but the pandemic has added new dimensions to the problem.read more
In the midst of the COVID-19 crisis, violence against women is increasing. More women are isolated at home with abusive partners and without resources and opportunities to leave. In Canada, where only a few months ago funding for Ontario rape crisis centres was slashed by $1 million, the political pressure to intervene in gendered violence has increased. read more