• bort@feddit.de
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    9 months ago

    This falsely assumes that economic actors necessarily have sound judgment about value

    Does this matter in the context of this post? I.e. are GDPs “the sum of shit people pay for” or do they get adjusted for “sound judgment of value”?

    • chicken@lemmy.dbzer0.com
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      9 months ago

      Increase in GDP is very often assumed to be a positive thing and represent an improvement in society, and as far as I can tell the point of the joke is that this is a false assumption.

      • Socsa@sh.itjust.works
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        9 months ago

        I mean sure, in this contrived scenario. If a major source of GDP for some country was literally taking turns eating shit, that country would have some serious issues for sure. Fortunately, GDP isn’t the only useful metric of economic output.