Servant Leadership - Viterbo University Faculty
Servant Leadership - Viterbo University Faculty
Servant-Leadership - Viterbo University Faculty

 

Wednesday, May 21, 2008

What’s wrong with our economy?

“The purpose of an economy is to meet human needs in such a way that life becomes in some respect richer and better in the process. It is not simply to produce a lot of stuff. Stuff is a means, not an end.”

From Testimony given by Jonathan Rowe to Senate Committee on Commerce, Science, and Transportation on Wednesday, March 12, 2008

I came across this quote in the June 2008 Harper’s Magazine. The Testimony (read a copy of it at the link above) does a great job explaining how use of the Gross National Product (GNP) as a measure of the productivity of our economy is wreaking havoc on us and our world. Is it time we rethink how we measure the richness of our lives?