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Thursday, February 13, 2025

Golden Calf of the Grand Old Party

If 21st-century Republicans have an idol, a graven image we collectively worship, it is Gross Domestic Product. All discussion about the flourishing of our nation is reduced to GDP, and its increase is seen as an ironclad refutation of anyone who questions whether America is, in fact, flourishing. But GDP, as today calculated, is largely fake, disconnected from the actual production of value. Worse, flourishing-as-quantity is a destructive way to view our society. It was once commonplace that the value of very many things, a mother’s love or a scarlet sunset, was immense, but unmeasurable. We have forgotten this, to our detriment. To truly make America great again, a crucial first step is dethroning GDP as a measure of our greatness.
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