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Showing posts from November, 2025

Rethinking Prosperity: How Governments Are Shifting Beyond GDP

  🌱 Rethinking Prosperity: How Governments Are Shifting Beyond GDP For decades, Gross Domestic Product (GDP) has been the primary measure of a country’s success. But GDP only measures production and consumption — not whether people are thriving, communities are resilient, or the planet can sustain our growth. Around the world, governments and organizations are recognizing the need for a post-consumer economy , one where financial systems still function but success is measured by well-being, sustainability, and social impact. Here are some inspiring examples. 1. Wellbeing Economy Governments (WEGo) Countries: New Zealand, Scotland, Finland, Iceland, Wales Focus: Policies guided by human well-being rather than GDP growth The Wellbeing Economy Governments (WEGo) partnership is a coalition of countries experimenting with well-being-driven governance . These governments incorporate mental health, child welfare, environmental sustainability, and social cohesion into their budg...

Rethinking Prosperity: Why the World Is Moving Beyond GDP

  🌍 Rethinking Prosperity: Why the World Is Moving Beyond GDP For more than seventy years, a single number — Gross Domestic Product (GDP) — has been treated as the heartbeat of every nation. If GDP rises, we celebrate; if it falls, we panic. Yet as the 21st century unfolds, that measure is looking increasingly outdated. It tells us how fast we are producing and consuming, but not whether our lives are actually improving or whether the planet that sustains us can endure the cost. Across the world, governments, economists, and communities are starting to ask a deeper question: What if economic success was measured not by what we consume, but by how well we live — and how sustainably we thrive? 🔹 The problem with consumption as success The modern economy depends on growth through consumption: more production, more spending, more everything. But endless growth on a finite planet creates familiar side effects — inequality, burnout, environmental collapse, and social fragmentation....