The GDP Formula Totally WRONG

The GDP Formula imposed by the West itself is totally WRONG

A family living a rich lifestyle with a land, growing its own food & consuming it – say milk from cows, 5 veggies & 3 fruits in its own orchard in a self-sustaining way

• Contributes ZERO to the GDP

Apparently you should destroy your ownerships, hand over your family savings to companies, do jobs, earn salary & then buy the same products for consumption in packaged plastic wrappers.

• Contributes to the GDP

Basically for Adam Smith’s division of labour & economies of scale, masses of the nation have to turn itself poor & make a very few people rich to shore up the GDP.