[Vantage Point] The dangerous religion of growth (opens original article in a new tab)
The article critiques the overemphasis on GDP growth as an economic indicator, highlighting how it fails to reflect true quality of life and suggests a shift towards purposeful growth focused on public welfare.
- GDP growth is presented as economic success but fails to reflect quality of life
- Traffic congestion and high electricity rates impact daily life despite economic growth
- Overseas Filipino Workers leave due to lack of opportunities despite GDP growth
- The article argues for purposeful growth focused on public welfare over GDP metrics
- GDP is an important indicator but not a measure of true prosperity
- The essay challenges the obsession with endless economic growth
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