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comment by user-inactivated
user-inactivated  ·  2245 days ago  ·  link  ·    ·  parent  ·  post: How money is failing

Good point, I think it comes down to this being a short opening talk among many at an art/media festival. Not much room to be nuanced and expand on ideas when sharing the scene with these guys if you want to leave a mark on the audience. Apparently he wrote a longer piece in a Swedish magazine which I will try to find, and there's also a research project planned.





kleinbl00  ·  2245 days ago  ·  link  ·  

GDP/"growth" is a metric. Everyone wants to use the metrics that best reflect their values. I seriously doubt any mainstream economists are going to start using the Social Progress Index any time soon but that doesn't make it invalid.

So in a way, yeah, "money" is failing... but it's more accurate to say that the value system of the world economic community is failing.

Which people like this have been saying since 1900 AD.