Economics & Finance / Macroeconomics / Economic Growth & GDP
Why GDP Growth Is Making Us Poorer: The 50-Year Recession Nobody Noticed
What if the global economy has been operating at a net loss for the last 50 years? This video dives into a groundbreaking UN report by Robert Costanza, Herman Daly, and other leading ecological economists, revealing that our obsession with GDP growth is literally cannibalizing our planet and our well-being. We break down the 'Doughnut Economics' model, the shocking truth about the Genuine Progress Indicator (GPI), and why material consumption past a certain point acts like 'psychological junk food.' Discover how the financial system's demand for exponential growth is crashing into Earth's finite boundaries—and why a 15-hour work week, a universal carbon dividend, and a steady-state economy aren't utopian dreams, but mathematically proven solutions. If you've ever felt burnt out, anxious, or trapped on a treadmill that never stops, this is the reality check you need.
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