Story perspectives

Economist Urges Shift from GDP to Health for Stability

4/9/2026

Summary

Story summary

In 2026, obsession with GDP as a measure of national success drives crises and global instability.
Ecological economist Tim Jackson advocates redefining prosperity as health rather than wealth.
The pursuit of growth prompts aggressive actions, including U.S. President Donald Trump’s attempts to control Venezuelan oil and Greenland's resources.
The growth mantra permeates UK politics.
It has affected both the Truss and Starmer governments by deprioritizing climate commitments and essential services.

History

Historical Context

The Great Depression, a global economic crisis from 1929 to 1939, began with the Wall Street crash, leading to a staggering 25% unemployment rate in the U.S. by 1933. Governments prioritized economic recovery, often at the expense of social welfare, a trend echoed today as leaders like Donald Trump focus on GDP growth while neglecting climate commitments, highlighting a recurring cycle of prioritizing economic expansion over ecological health.

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Story summary

In 2026, obsession with GDP as a measure of national success drives crises and global instability.
Ecological economist Tim Jackson advocates redefining prosperity as health rather than wealth.
The pursuit of growth prompts aggressive actions, including U.S. President Donald Trump’s attempts to control Venezuelan oil and Greenland's resources.
The growth mantra permeates UK politics.
It has affected both the Truss and Starmer governments by deprioritizing climate commitments and essential services.

1 / 2