This year, New Zealand became the first nation to formally drop gross domestic product (GDP) as its main measure of economic success. The government of Prime Minister Jacinda Ardern said the budget would aim not at maximizing GDP but instead at maximizing well-being.
Apart from schools, hospitals and roads, whose budgets would be allocated in the normal way, resources would be distributed according to their impact on five government priorities: mental health, child well-being, the inequalities of indigenous people, building a nation adapted to the digital age and fashioning a low-emission economy.
Since the Industrial Revolution, the whole world has been locked into the idea that one has to grow–either to catch up or to stay ahead or simply to keep in motion the mechanisms of capitalism that depend on endless expansion.
Even those people who accept that climate change is an existential threat find themselves pulled in contradictory directions. On one level, they strive to be richer,..