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March 12 , 2008

Gross Domestic Problem

The Politics Behind the World's Most Powerful Number


Gross domestic product is one of the best-known and most powerful statistics in the contemporary world. It drives government policy on a variety of vital areas, from health to education. Yet perhaps for the first time since its invention in the 1930s, a wide range of people regard this icon of economic growth as a problem. Gross Domestic Problem unpacks GDPwhat it measures, what it doesnt, and whyand reveals the powerful politics that have allowed it to dominate todays economies. Lorenzo Fioramonti demonstrates just how little GDP has to do with equity and social and environmental justice, and shows that an alternative is possible.

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