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    Yogthos (yogthos@social.marxist.network)'s status on Thursday, 12-Jun-2025 02:02:41 JSTYogthosYogthos
    in reply to

    Measures such as the stock market and GDP were meant to act as proxies for measuring how well the economy was accomplishing its stated purpose, which is to improve the standard of living for everyone.

    Understanding that these metrics are simply proxies has been lost today, and they've been turned into goals of themselves.

    People have started treating the stock market and GDP as *the economy*.

    In conversationabout a year ago from social.marxist.networkpermalink
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