GPI vs. GDP: Does Size Matter More Than Substance? 

U.S House Representative Ilhan Omar (D-MN) recently introduced a bill in Congress to overhaul GDP, the nation’s most watched economic indicator. July 30th she introduced the Genuine Progress Indicator (“GPI”) Act. It would be a significant change for the trajectory of the socio-economic system. GPI is a new way to calculate GDP, but passage of More

Source: GPI vs. GDP: Does Size Matter More Than Substance? – CounterPunch.org

From Neoliberalism’s Old Normal to the 21st Century New Normal 

Sold under the pretence of a quest for optimising well-being and ‘happiness’, capitalism thrives on the exploitation of peoples and the environment. What really matters is the strive to maintain viable profit margins. The prevailing economic system demands ever-increasing levels of extraction, production and consumption and needs a certain level of annual GDP growth for More

Source: From Neoliberalism’s Old Normal to the 21st Century New Normal – CounterPunch.org