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The Poverty of Consumption with Philip Pilkington

The American Compass Podcast

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Rethinking Economic Indicators

This chapter examines the limitations of traditional economic measures like GDP and CPI, highlighting their failure to accurately reflect the lived experiences of individuals in today's economy. The discussion delves into issues of income inequality, consumption disparities, and the impact of monetized interactions on societal values. It calls for a reevaluation of economic indicators to better align with the realities faced by various income brackets and promote healthier social relationships.

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