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On human wellbeing vs GDP:

"The social limits hypothesis holds that there is a limit to the extent that growth improves subjective wellbeing, because humans adapt to higher levels of income, and compare themselves to others who are also getting richer, or because additional production goes towards zero-sum status goods. The social cost hypothesis is that above a certain level of GDP, the costs of growth (eg, congestion, pollution, mental health, social upheaval) might offset its wellbeing benefits.90 Growth is said to become uneconomic."

#DeGrowth #GDP #Capitalism

https://www.thelancet.com/journals/lanplh/article/PIIS2542-5196(24)00310-3/fulltext