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·
    5 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.