by Juliet Schor
“Business-as-usual economics relies on
stimulating GNP to solve virtually all problems. But
GNP is increasingly de-linked from the well-being of most Americans. Since the mid 1970s, it has diverged from most social well-being indicators. So even if
GNP does continue to grow, and the recession is officially declared over, the implications for most households are different from in the past.â€
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