One thought is that we can value a wide range of social and environmental qualities using quantitative monetary models. It's imperfect, but our system doesn't even go as far as explicitly attempting to do that on a systematic basis.
There are a lot of people doing work in this area under all sorts of different terms, but trying to tie in those missing qualities. Terms that might yield interesting reading are: loop economy, circular economy, doughnut economics, sustainable economics (though that seems to be slowly fading as a term..)
https://evonomics.com/ is not a bad place to read to at least start getting some introductions to some of the people trying to push a rebuilding of our basic economic suppositions.
Re:We’re Measuring the Economy All Wrong
by rapnie on Friday September 14, 2018 @07:13PM
(#17991844)
Yes! I like Doughnut Economics by Kate Raworth. She is also doing real well inspiring government officials with her ideas and visions.
Re:We’re Measuring the Economy All Wrong
by breatheoften on Friday September 14, 2018 @01:32PM
(#17989145)
These are interesting terms and ideas that I have never encountered before. Thank you!
The idea that hard currency is a universal lingua franca is deeply flawed and you've hit on a very good example of one area that is starkly apparent.