Re:IMF: Largest driver of EU inflation is corporate profits
by ETH_start on Wednesday June 28, 2023 @08:57PM
(#36514974)
Lack of recreation and reproduction harms economic productivity in the long run. Everything valuable or good in life can ultimately be measured as contributing to productivity.
Re:IMF: Largest driver of EU inflation is corporate profits
by bumby on Wednesday June 28, 2023 @10:22PM
(#36515584)
That assumes is a goal in its own sake. I’m making an argument that productivity is a means to an end, not an end itself. It’s similar to the alignment problem of AI.
Put differently, do you think a lower quality of life is a worthwhile tradeoff if it raises productivity? What about the inverse?
I'd argue it's because economic productivity is not the only input into well-being and quality of life.