Using GDP to Estimate the Limits to Growth
by Brian Czech
The merits and proper uses of GDP—gross domestic product—have been debated with increasing frequency and intensity in recent years. Neoclassical economists continue to view a growing GDP as the sign of economic success and even social health. Conversely, ecologists who have studied the issue view a growing GDP as an alarming indicator of unsustainability at this point in history.
Meanwhile, a growing number of individuals and organizations in the post-growth community have proposed to eliminate GDP altogether,