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by hot_gril
1330 days ago
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Initially, he means that a single self-sufficient person contributes 0 to the GDP. Then it seems like he means people in this village don't trade with each other, but I'm not sure. If they trade without money, first of all that's very inefficient, secondly there's still a GDP of sorts but maybe he means it's not measured. But he doesn't care about efficiency. He's not saying GDP is a poor indicator of economic growth. He's more saying that economic growth is bad, globalism is bad, and maybe hinting that *skims other article on site* an ancient, simple life according to Orthodox Christianity is the true path to happiness. And this is too off-topic for me to discuss, I'm just laying out what the dude is saying. |
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There is probably an argument that for accounting purposes a person should bill themselves at market costs for self-work. E.g. mowing the lawn, changing one's own oil, doing one's taxes -- all are economic activities with a value associated which is 'lost' in a traditional GDP calculation.