Tuesday, October 20, 2009

GDP Fails

Gross Domestic Product - a basic measure of a country's economic performance and is the market value of all final goods and services made within the borders of a nation in a year.





GDP seems like it has lost its wonders already. It no longer works as well as it did a few decades ago when the world was still slow-moving and mundane. Obviously, it has failed tremendously in the prediction of the crisis. The ambiguous indicator has led many policy-makers astray and confused along the way because it is not specific down to the citizens level, it measures as a whole, as a country entirely.



Just like how you can’t measure health by the type of the food you consumer, you cannot measure the state of a country by the activities it engages in.



GDP seems more like a pointless pursuit of money at the expense of many other crucial things which people are giving up. This includes lives, morals, and values. Countries now believe that they get a better social status and a bright light shining upon them if they have a high GDP. But as a result of that, many are suffering.




I heard a strong example from one of my friends. He mentioned that people climbed up the corporate ladder so rigorously that when they finally reached the top, they lose their mind. A lawyer in London has managed to become one of the most prestigious senior solicitor ever after decades of hard work, but unfortunately died in a miserable way. One day, he decided to break into his own house, dressed up as thief and he called the police himself. Upon the arrival of the police, he did not give himself up and continue taunting the police and it caused them to fire at him. After investigations, the police found out that the robber was actually the house-owner himself, ironic yet a real tragic I must say.



This might sound incredulous but people in the world are really going crazy at the top. The path to the top is relentless and ruthless I must say, people are so willing to give up everything initially only to find out that they had never given up all these while.



Emotional indicators are rising in importance today and sustainability is paramount in the long run. Emotional intelligence includes 4 basic aspects of life, relationship management, self-awareness, social awareness and self management.




Relationships are strained and exploited for network building. People are not aware of their own actions. People lose control of themselves. People are less sensitive to the feeling of the people around and oblivious to the happenings as they climb up the corporate ladder.



At the end of the day, the higher the GDP the harder the people in the country work, and the more relationships lost. Happiness seems to be obliterated from our lives. An obsolete term in today’s society. Mental health deteriorates tremendously and people become emotionally hurt.




The state of a country should thus be measured by more humane factors so to speak. They should be freed from the endless pursuit of cash and power. Time should be provided for reflection and relaxation. Credit should be given for the amount of joy you bring to the workforce and the teaming up with one another for genuine co-operation purposes in search for a synergistic solution rather than for exploitation.



It is important to identify which centers are we actually focusing on and then we should move towards our innate principles. Set aside proper values to guide our actions and move closer towards healthy relationship and happiness and we will create a better world tomorrow.

Credits -randomdude, -nooneisreadingthis, -utahmarriage, -transbuddha

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