Let’s Ditch the Economy of the 1% and Replace it with a Human Economy
Executive Director, Oxfam International
If we want an economy of the 1%, then GDP is very useful. It tells us all we need to know. But if we want an economy that works for us all, we have to pay attention to what it is not telling us.
In the face of a growing inequality crisis, GDP tells us nothing about the distribution of growth. When just 62 people have the same wealth as half the world’s population,