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Beyond GDP

Indian Journal of Industrial Relations

Volume 46 Issue 4

Published: 2011
Author(s) Name: György Széll
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Abstract

At least since the recent world wide financial crisis questions were raised if the rush for economic growth measured by the GDP is an appropriate tool. Fundamental issues like the quality of life and working life, social inequality, health, life expectancy, sustainability are neglected since then. In the 1960s these questions were raised e.g. Brundtland Commission “Our Common Future” leading to the United Nations Conference on Environment and Development in Rio de Janeiro. The Agenda 21 in 1987 was an important milestone in reconsidering the dominant economic policies and assessments. However, already in the 19th century the whole debate about the alternatives to the developing modern capitalism were discussed and practiced – the socialist, communist, anarchist, cooperative movement. “Another World is possible!” is the slogan of the World Social Forum since 2001, and may give the perspective for a world “Beyond GDP”

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