Evaluating the Claim: Maximum 30% of Production Benefits Society, GDP Limitations, and Infrastructure as a Complementary Measure

ISBN-13: 9783565088928 / Angielski / Miękka / 44 str.

Sascha Labin

Opis

This evaluation explores the idea that only about 30% of a country's productive output is effectively beneficial to the population, with the rest lost to war, usury, corruption, and bureaucratic inefficiency. It also critiques GDP as an inaccurate measure of societal wealth since it includes war-related and other destructive economic activities as positives. Infrastructure quality is proposed as a crucial complementary measure to GDP for a more accurate picture of societal wealth. The analysis draws from historical, social, and economic perspectives. A significant reason why much of the total economic output produced by societies does not directly benefit the population arises from waste generation and the practice of planned obsolescence. Both factors contribute to resource inefficiency, environmental degradation, and economic costs, further reducing the useful share of production

A significant reason why much of the total economic output produced by societies does not directly benefit the population arises from waste generation and the practice of planned obsolescence.