☆ Yσɠƚԋσʂ ☆@lemmy.ml to canada • 5 months agoCanada’s living standards alarmingly on track to be the lowest in 40 years: studyexternal-linkmessage-square5 fedilinkarrow-up135cross-posted to: canada@lemmy.ml
arrow-up135external-linkCanada’s living standards alarmingly on track to be the lowest in 40 years: study☆ Yσɠƚԋσʂ ☆@lemmy.ml to canada • 5 months agomessage-square5 Commentsfedilinkcross-posted to: canada@lemmy.ml
minus-squareashinadash [she/her]hexbear10·5 months ago While Canada’s GDP has grown in recent years, driven by high population growth and labour supply, GDP per person has fallen. lol "Canada’s living standards unsurprisingly on track to be the lowest in 40 years" link
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlhexagonhexbear8·5 months agoAnd that's the problem with GDP as a metric of quality of life in a nutshell. You can have really high GDP by exploiting the shit out of the workers. linkfedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlhexagonhexbear6·5 months agoexactly, the system is working as intended linkfedilink
lol
"Canada’s living standards unsurprisingly on track to be the lowest in 40 years"
And that's the problem with GDP as a metric of quality of life in a nutshell. You can have really high GDP by exploiting the shit out of the workers.
Endgoal of capitalism, yes?
exactly, the system is working as intended