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by pllbnk 169 days ago
Popular media likes to take this very simplistic view and turns the nations' economies into competition, forgetting that economies should work for the people, not vice versa. If it was a competition, then eventually someone would have to win (what is the definition of winning is unclear to me either) which so far doesn't seem possible. What actually matters is what a country does with the economy it has. Whether it translates into better lives, stability, and opportunity for its citizens. By that measure, "4th largest" tells us almost nothing. The more useful question isn't "how big" but "for whom".