Wednesday 18 October 2017

Brendan Keenan: The definition of progress is sometimes a matter of opinion

This is a good time to consider what is growth and how mere arithmetic has been turned into an ideal in itself

Brendan Keenan

Brendan Keenan

IT IS a fact that, if we could calculate its value, drug dealing would be added to GDP -- the figure which measures the total output of the economy.

Curious, but still a fact. Gross domestic product has no morals; it is mere arithmetic.

But has GDP become more than arithmetic, and turned into an ideal in itself? That is one thesis behind a new publication from Social Justice Ireland, the ginger group run by the indefatigable Fr Sean Healy and Sr Brigid Reynolds.

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