stabby_cicada@slrpnk.net to solarpunk memes@slrpnk.net · 5 months agocapitalism, everybodyslrpnk.netimagemessage-square84fedilinkarrow-up1860arrow-down133
arrow-up1827arrow-down1imagecapitalism, everybodyslrpnk.netstabby_cicada@slrpnk.net to solarpunk memes@slrpnk.net · 5 months agomessage-square84fedilink
minus-squareGenEcon@lemm.eelinkfedilinkarrow-up1arrow-down1·5 months 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-up2·5 months agoBut that’s the propaganda at work lol. It doesn’t necessarily mean that.
minus-squareGenEcon@lemm.eelinkfedilinkarrow-up1·5 months 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.