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by DarthGhandi
2397 days ago
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One of my goto's when economists/commentators love to harp on about Japan and it's lost decades. For all this horrible economic data they still years later have the longest lifespans, the top standings in innovation (many paradigms of which have been now copied worldwide) and on the whole a far safer society than virtually every other Western country. Perhaps the widespread belief that economic growth equals wellbeing is the real problem here.
Plenty of places on Earth with 7% gdp growth that you need to pay me to live in. |
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Combine that with the fact that after working all those hours, senior poverty rates are also much higher than in the US, and it doesn't exactly seem like a laborer's paradise.
Health and safety are great, but like GDP and money, they're not the only things that matter.