|
|
Consumer Hell
Monbiot, George
http://www.monbiot.com/archives/2010/01/04/consumer-hell/Date Written: 2010-01-04 Year Published: 2010 Resource Type: Article Cx Number: CX12140 The problem with gross domestic product is that there are no deductions involved: all economic activity is accounted as if it were of positive value. Social harm is added to, not subtracted from, social good. A train crash which generates £1bn worth of track repairs, medical bills and funeral costs is deemed by this measure as beneficial as an uninterrupted service which generates £1bn in ticket sales. Subject Headings |