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capitalism, everybody (slrpnk.net)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 7 months ago (1 children)

This falsely assumes that economic actors necessarily have sound judgment about value

Does this matter in the context of this post? I.e. are GDPs "the sum of shit people pay for" or do they get adjusted for "sound judgment of value"?

[–] [email protected] 8 points 7 months ago (1 children)

Increase in GDP is very often assumed to be a positive thing and represent an improvement in society, and as far as I can tell the point of the joke is that this is a false assumption.

[–] [email protected] 1 points 7 months ago (1 children)

I mean sure, in this contrived scenario. If a major source of GDP for some country was literally taking turns eating shit, that country would have some serious issues for sure. Fortunately, GDP isn't the only useful metric of economic output.

[–] [email protected] 1 points 7 months ago

What if a major source of GDP for every country was metaphorically taking turns eating shit?