Friday, 22 February 2013

Author Lorenzo Fioramonti discusses the limits of GDP on the Summit TV Business Report

"For about 80 years, the mantra of GDP was unquestioned, even though there were people within expert circles who actually raised objections ever since the very beginning. But nowadays, because of the global recession, and also because of climate change and the significance of environmental degradation for political and economic development, I think countries are becoming more and more aware of the flaws of GDP. Now the main question is: Are we going to be able to build the critical mass that will allow us to make the jump and build a different system or will we continue clinging on to a system that is represented by a number that has betrayed us?"

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Available from Zed Books

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