stabby_cicada@slrpnk.net to solarpunk memes@slrpnk.net · 3 years agocapitalism, everybodyslrpnk.netimagemessage-square80linkfedilinkarrow-up1837arrow-down132
arrow-up1805arrow-down1imagecapitalism, everybodyslrpnk.netstabby_cicada@slrpnk.net to solarpunk memes@slrpnk.net · 3 years agomessage-square80linkfedilink
minus-squareGenEcon@lemm.eelinkfedilinkarrow-up1arrow-down1·3 years agoIn specific cases GDP is flawed, but generally – looking at a lot of countries and a long time frame – a higher GDP means higher living standards.
minus-squareLibertyLizard@slrpnk.netlinkfedilinkarrow-up2·3 years agoBut that’s the propaganda at work lol. It doesn’t necessarily mean that.
minus-squareGenEcon@lemm.eelinkfedilinkarrow-up1·3 years agoIt does, though. Countries with a higher GDP have higher living standards.
In specific cases GDP is flawed, but generally – looking at a lot of countries and a long time frame – a higher GDP means higher living standards.
But that’s the propaganda at work lol. It doesn’t necessarily mean that.
It does, though. Countries with a higher GDP have higher living standards.