Rethinking Economic Metrics

This chapter critiques the reliance on GDP as a comprehensive economic measure, highlighting its neglect of vital social indicators like life expectancy and financial stability. It discusses the need for 'GDP minimalism' to prioritize societal values and engages in a broader conversation about redefining growth in light of political and environmental challenges. The chapter advocates for participatory democratic processes to shape economic decision-making that balances material prosperity with social equality and environmental sustainability.