Discover and read the best of Twitter Threads about #economicgrowth

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Thread: Blatant #ClimateDenial has lost. The new conflict is whether #ClimateChange is a crisis requiring urgent social and #economic transformation, or something we can adapt to incrementally while carrying on with business as usual. 1/40
2/ A recent opinion piece by Bjorn Lomborg in the @globeandmail is representative of the 'business as usual argument'. Let's deconstruct it to see how this gets passed off as the pragmatic point of view, and why it's false. theglobeandmail.com/opinion/articl…
3/ The basic tactic is this: provide a few common-sense truths to gain the air of pragmatism and then feed us the story we're desperate to hear: that everything will be fine, that growth will outpace #ClimateDamages and life can carry on as usual.
Read 41 tweets
There is severe confusion about the meaning of #economicgrowth. Many seem to mistakenly think that it has to do with #GDP or producing stuff. It does not. Economic growth means that an economy's ability to satisfy people's wants, whatever they are--that is, to produce wellbeing--
increases. GDP is a rather terrible way of capturing this using [public] statistics, and is thus corrupted by those benefitting from corrupting such figures. GDP is not growth. Likewise, having more stuff in stores isn't growth. Producing increasing quantities of stuff that
nobody is willing to buy is the very opposite of economic growth: it is wasting our limited productive capacity. But note the word 'willing'. Wellbeing is not about [objective] needs, but about being able to escape felt uneasiness. It can turn out to be right or wrong, but that's
Read 24 tweets
"#ChuckAndNancy" #LimousineLiberals #Politics -- #DemExit #EPluribusUnum

Genevieve Wood: Schumer Shutdown Makes Clear Democrats’ Real Priorities
dailysignal.com/2018/01/21/sch…

#SchumerShutdown | #tcot #PJNET
#LimousineLiberals #Soros #SJW #Antifa #LiberalFascism -- #DemExit #EPluribusUnum

Antifa Member in Custody After Hospitalizing 56 Year Old Outside ‘Night For Freedom’ Event
breitbart.com/tech/2018/01/2…
| #tcot #PJNET
Read 107 tweets

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