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GDP is not the end-all and the be-all - TIM JACKSON

Confuseous

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Tim Jackson states the challenge starkly: "Questioning growth is deemed to be the act of lunatics, idealists and revolutionaries. But question it we must." And that is the core mission of this perfectly timed book PROSPERITY WITHOUT GROWTH by Tim Jackson.

Every day the system in which we live tries to persuade us – via TV news, politicians' speeches, corporate pronouncements, inducements to consume and so on – that our prosperity is intimately linked to whether or not gross national product is growing and whether stock markets are riding high. These are the two main measuring sticks for the version of capitalism on which most countries base their economies today.

Other ways of measuring prosperity, such as employment and savings, follow these two. If GNP – the total national output of goods and services – is in recession, then unemployment will rise, and that means growing numbers of unprosperous people without salaries. If stock markets are falling, that means falling pension values, and rising numbers of unprosperous people in retirement.

- http://www.guardian.co.uk/books/2010/jan/23/properity-without-growth-tim-jackson

- 20-minute video summary - http://www.ted.com/talks/tim_jackson_s_economic_reality_check.html

(Book available from NLB 338.927 JAC BIZ)
 
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