The Little Big Number How GDP Came to Rule the World and What to Do about It
In one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool into a global article of faith. It is our universal yardstick of progress. As The Little Big Number demonstrates, this spells trouble. While economies and cultures measure their performance by it, GDP ignores...
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| 520 | |a In one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool into a global article of faith. It is our universal yardstick of progress. As The Little Big Number demonstrates, this spells trouble. While economies and cultures measure their performance by it, GDP ignores central facts such as quality, costs, or purpose. It only measures output: more cars, more accidents; more lawyers, more trials; more extraction, more pollution—all count as success. Sustainability and quality of life are overlooked. Losses don’t count. GDP promotes a form of stupid growth and ignores real development.How and why did we get to this point? Dirk Philipsen uncovers a submerged history dating back to the 1600s, climaxing with the Great Depression and World War II, when the first version of GDP arrived at the forefront of politics. Transcending ideologies and national differences, GDP was subsequently transformed from a narrow metric to the purpose of economic activity. Today, increasing GDP is the highest goal of politics. In accessible and compelling prose, Philipsen shows how it affects all of us. But the world can no longer afford GDP rule. A finite planet cannot sustain blind and indefinite expansion. If we consider future generations equal to our own, replacing the GDP regime is the ethical imperative of our times. More is not better. As Philipsen demonstrates, the history of GDP reveals unique opportunities to fashion smarter goals and measures. The Little Big Number explores a possible roadmap for a future that advances quality of life rather than indiscriminate growth | ||
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| indexdate | 2024-12-24T07:34:49Z |
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| isbn | 9781400865529 |
| language | English |
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| spelling | Philipsen, Dirk Verfasser aut The Little Big Number How GDP Came to Rule the World and What to Do about It Dirk Philipsen Princeton, N.J. Princeton University Press [2015] © 2015 416 pages) illustrations txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed September 10 2015) In one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool into a global article of faith. It is our universal yardstick of progress. As The Little Big Number demonstrates, this spells trouble. While economies and cultures measure their performance by it, GDP ignores central facts such as quality, costs, or purpose. It only measures output: more cars, more accidents; more lawyers, more trials; more extraction, more pollution—all count as success. Sustainability and quality of life are overlooked. Losses don’t count. GDP promotes a form of stupid growth and ignores real development.How and why did we get to this point? Dirk Philipsen uncovers a submerged history dating back to the 1600s, climaxing with the Great Depression and World War II, when the first version of GDP arrived at the forefront of politics. Transcending ideologies and national differences, GDP was subsequently transformed from a narrow metric to the purpose of economic activity. Today, increasing GDP is the highest goal of politics. In accessible and compelling prose, Philipsen shows how it affects all of us. But the world can no longer afford GDP rule. A finite planet cannot sustain blind and indefinite expansion. If we consider future generations equal to our own, replacing the GDP regime is the ethical imperative of our times. More is not better. As Philipsen demonstrates, the history of GDP reveals unique opportunities to fashion smarter goals and measures. The Little Big Number explores a possible roadmap for a future that advances quality of life rather than indiscriminate growth In English Geschichte 1600-2015 gnd rswk-swf Gross domestic product History of Economics Social Sciences, Economics Social Sciences Wirtschaft Business & Economics / Economic History bisacsh Business & Economics / Economics / Macroeconomics bisacsh Business & Economics / Government & Business bisacsh Business & Economics / Money & Monetary Policy bisacsh Business & Economics / Public Finance bisacsh Political Science / Economic Conditions bisacsh Political Science / Public Policy / Economic Policy bisacsh Bruttoinlandsprodukt (DE-588)4146775-9 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Kritik (DE-588)4033229-9 gnd rswk-swf Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Bruttoinlandsprodukt (DE-588)4146775-9 s Wirtschaftswachstum (DE-588)4066527-6 s Wirtschaftstheorie (DE-588)4079351-5 s Kritik (DE-588)4033229-9 s Geschichte 1600-2015 z 1\p DE-604 https://doi.org/10.1515/9781400865529 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Philipsen, Dirk The Little Big Number How GDP Came to Rule the World and What to Do about It Gross domestic product History of Economics Social Sciences, Economics Social Sciences Wirtschaft Business & Economics / Economic History bisacsh Business & Economics / Economics / Macroeconomics bisacsh Business & Economics / Government & Business bisacsh Business & Economics / Money & Monetary Policy bisacsh Business & Economics / Public Finance bisacsh Political Science / Economic Conditions bisacsh Political Science / Public Policy / Economic Policy bisacsh Bruttoinlandsprodukt (DE-588)4146775-9 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Kritik (DE-588)4033229-9 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| subject_GND | (DE-588)4146775-9 (DE-588)4066527-6 (DE-588)4033229-9 (DE-588)4079351-5 |
| title | The Little Big Number How GDP Came to Rule the World and What to Do about It |
| title_auth | The Little Big Number How GDP Came to Rule the World and What to Do about It |
| title_exact_search | The Little Big Number How GDP Came to Rule the World and What to Do about It |
| title_full | The Little Big Number How GDP Came to Rule the World and What to Do about It Dirk Philipsen |
| title_fullStr | The Little Big Number How GDP Came to Rule the World and What to Do about It Dirk Philipsen |
| title_full_unstemmed | The Little Big Number How GDP Came to Rule the World and What to Do about It Dirk Philipsen |
| title_short | The Little Big Number |
| title_sort | the little big number how gdp came to rule the world and what to do about it |
| title_sub | How GDP Came to Rule the World and What to Do about It |
| topic | Gross domestic product History of Economics Social Sciences, Economics Social Sciences Wirtschaft Business & Economics / Economic History bisacsh Business & Economics / Economics / Macroeconomics bisacsh Business & Economics / Government & Business bisacsh Business & Economics / Money & Monetary Policy bisacsh Business & Economics / Public Finance bisacsh Political Science / Economic Conditions bisacsh Political Science / Public Policy / Economic Policy bisacsh Bruttoinlandsprodukt (DE-588)4146775-9 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Kritik (DE-588)4033229-9 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| topic_facet | Gross domestic product History of Economics Social Sciences, Economics Social Sciences Wirtschaft Business & Economics / Economic History Business & Economics / Economics / Macroeconomics Business & Economics / Government & Business Business & Economics / Money & Monetary Policy Business & Economics / Public Finance Political Science / Economic Conditions Political Science / Public Policy / Economic Policy Bruttoinlandsprodukt Wirtschaftswachstum Kritik Wirtschaftstheorie |
| url | https://doi.org/10.1515/9781400865529 |
| work_keys_str_mv | AT philipsendirk thelittlebignumberhowgdpcametoruletheworldandwhattodoaboutit |