The EU has outperformed the US on per-capita output growth; in terms of output per hour worked, some EU countries are as productive as the US

The article chooses to take a metric that you usually do not see much: GDP per employee and per hours worked, at purchasing power standards

  • Ooops@kbin.social
    41·
    10 months ago

    While there is valid criticism about constant growth, it actually exists. More is produced by less input in ressources, because we got better at it.

    The actual problem I talk about is that this growth is not going back into the system but it accumulates at the top.