GDP is dead
Despite our continual pursuit of economic development, people are still suffering from hunger and extreme poverty in many parts of the world.
Despite our continual pursuit of economic development, people are still suffering from hunger and extreme poverty in many parts of the world.
For more than half a Millennium – since Franciscan friar, Luca Pacioli’s publication of the first full account of double-entry bookkeeping in 1494 – business and investment have calculated value by focusing predominantly on a sole capital: financial. With such single-minded thinking, one could call this the era of mono-capitalism.