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To counter populist policies world needs to ditch its obsession with GDP

The quest for growth has destroyed informal economic systems

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Lorenzo Fioramonti | The Conversation

The election of Donald Trump may have come as a cold shower, but it was to be expected in a world that’s increasingly frustrated with a profit obsessed globalised economy. Not only have jobs been lost and inequalities increased, but the exploitation of natural resources and the conflicts it fuels, have triggered a massive exodus of refugees and economic migrants. These developments are threatening to tear entire societies apart. Wealth has amassed at the top, in ever fewer hands, with a bottom of the pyramid fighting for the