image missing
Date: 2025-05-01 Page is: DBtxt003.php n8-Want-1

Definitions for TrueValueMetrics
Want

There is an important difference between what we need and what we want.

In an affluant surplus economy what we want helps to define what it is that makes for better quality of life ... and betterment of quality of life is the core purpose of all economic activity.

What we 'want' has been trivialized in modern business practice in large part by advertising that encourages the buying of more and more 'stuff'. much of which is totally superfluous to meaningful improvement in quality of life, but it does add to the consumption component of that dangerous economic metric, GDP.

SITE COUNT Amazing and shiny stats
Copyright © 2005-2021 Peter Burgess. All rights reserved. This material may only be used for limited low profit purposes: e.g. socio-enviro-economic performance analysis, education and training.