By Araz Hachadourian / Yes! Magazine
Worldwide economic wealth has quadrupled since 1970, and experts say it will continue to grow exponentially. But at the same time, poverty and economic inequality are on the rise.
Most countries use measures such as gross national product (GNP) and gross domestic product (GDP) to assess the health of their economies. But these only take into account economic activity and material wealth, leaving out factors like distribution of resources and quality of life.
In this video, Kate Raworth, economist and senior visiting research associate at Oxford University’s Environmental Change Institute, explains how economies aimed only at growth are not enough. [Read more…]










