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A comment on There’s Nothing to Do Except Gamble. Parent comment

Re:There’s Nothing to Do Except Gamble by rchaud on Thursday April 15, 2021 @10:32AM (#26820993)
> Is that arguably true? Where is the stuff?

First off, the chart shows GDP per capita at current prices, meaning it's not adjusted for inflation.

GDP per capita is a very rough proxy for economic well-being. Adam Neumann of WeWork 'earned' $185 million for getting fired. So in essence, he raised GDP per capita by about $0.50.

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Re:There’s Nothing to Do Except Gamble by lazerpants on Thursday April 15, 2021 @04:12PM (#26825551)
That is incorrect. GDP is typically calculated using an expenditure approach. Just transferring 185MM would not impact GDP.
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Re:There’s Nothing to Do Except Gamble by rchaud on Thursday April 15, 2021 @06:40PM (#26827082)
GDP can also be calculated using the income approach, since conceptually they both add up to the same amount.

In either case, it is still a highly misleading proxy measure for economic development and well-being.

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Re:There’s Nothing to Do Except Gamble by paulpauper on Thursday April 15, 2021 @12:48PM (#26822929)
someone needs to do a blog post or write up explaining how in sane world this is rational or justified, but in a serious manner . That is unheard of anywhere else in the world where people get paid so much after they fuckk up.
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