this post was submitted on 12 Feb 2024
804 points (96.4% liked)

solarpunk memes

2938 readers
375 users here now

For when you need a laugh!

The definition of a "meme" here is intentionally pretty loose. Images, screenshots, and the like are welcome!

But, keep it lighthearted and/or within our server's ideals.

Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators' discretion.

Please follow all slrpnk.net rules and community guidelines

Have fun!

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 9 months ago

GDP is good metric to measure industrial output of a country. However for any sort economic activity, which does not include exchanging money, it does not work. A homestead farmer, who is mainly self sufficient, besides selling some goods on the market, is in a much better position then a clothes factory working earning the same amount of money. Both would contribute about the same to GDP. Another one would be the very simple fact that having a natural disaster usually increases GDP a year later or so, due to increased spending on rebuilding. That clearly is not a sign of economic strength of the country though.