Europe faces ‘competitiveness crisis’ as US widens productivity gap [ft.com] - eviltoast
  • gravitas_deficiency@sh.itjust.works
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    8 months ago

    The point being made is that the global economic order, as built and maintained by our world leaders and “captains of industry”, is obviously not sustainable in a variety of absolutely crucial ways. We need to find a less capitalistic and more humanist dynamic to orchestrate our society by. It’s becoming more and more clear that simply assigning dollar-value amounts to everything and then comparing them is not a good holistic strategy for managing the efforts and direction of a civilization.

    • Mahlzeit@feddit.de
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      8 months ago

      Running anything means understanding the facts you are facing. Running a society means looking at statistics. You must know what they say or do not say. Someone who does not know what “productivity” means is not going to be part of the solution.

      • onoira [they/them]@lemmy.dbzer0.com
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        8 months ago

        what a harmful, elitist, high technocratic, economistic, no-true-scotsman take: someone who doesn’t view the world in pure quantitative terms and understand precisely a dialect of jargon has no valuable insight?

        why ‘productivity’ specifically? why not GDP? or GPI? or SPI? or HDI? or HPI? or GBMI (Goodhart’s Bad Metric Index)?

        you’re right that this character wouldn’t be part of a ‘solution’, under current conditions, because it would be formulated by a well-funded political thinktank, specialising in number-go-big policy, tacked to the end of a dredged report with absolutely no involvement from measly imperial subjects.

        • Mahlzeit@feddit.de
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          8 months ago

          Productivity because it’s in the OP.

          I used to argue with climate change denialists, so I already know the pitch. I can’t be bothered anymore.