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by troyvit 782 days ago
From an economics standpoint, does that make tech giants good, or does it make the US's GDP weaker since so much wealth is concentrated among so few players?

I keep wanting to push back on whether GDP is the best way to measure an economy, but most of the articles I find bring in concepts like "[GDP] doesn’t meaningfully account for successful management of priorities like public health, economic equity, climate action, or racial justice."[1] But you're making it clear you're talking from a purely economics standpoint. So pushing back on the ethics of applying GDP doesn't even apply.

[1] https://hbr.org/2021/02/a-better-way-to-measure-gdp