Event:Environment & Sustainability Series: Re-imagining the GDP
|Event:Environment & Sustainability Series: Re-imagining the GDP|
|Summary||Rethinking GDP- what does GDP mean and what other indicators should we be looking at?|
Gross Domestic Product is the monetary value of all the goods and services produced by an economy over a specified period. But what goes into this measure? Is it sometimes counting as goods what are actually “bads”? For example, why does cleaning up toxic waste count on the plus side, while preserving an old-growth forest (and its role in clean air and water, and wildlife protection) count not at all? If GDP is meant as a measure of well-being, do factors like good health, enough free time, civic engagement, and cultural vibrancy deserve a place? Would one of the proposed alternatives to GDP, such as the Genuine Progress Indicator, Green Gross Domestic Product, or (from Bhutan) Gross National Happiness better reflect our true condition? Hear from a distinguished group that has thought long and deeply about the issues, and share your own perspective, as well.
Featuring: David Batker, Executive Director, Earth Economics Martin Collier, Executive Director, Glaser Progress Foundation John de Graaf, Executive Director, Take Back Your Time and Coordinator, Seattle Area Happiness Initiative Moderator: Bellamy Pailthorp, Business & Labor Reporter, KPLU 88.5