ABSTRACT

This chapter demonstrates through the work of Canada's well-being economist Mark Anielski, how a new economic framework that focuses on generating and measuring real genuine wealth might look. Such genuine wealth does not only include monetary and worldly possessions, but qualitative attributes like physical and mental health, spiritual well-being, healthy relationships, love and respect, and the well-being of nature. The Genuine Progress Indicator (GPI) was developed as an alternative measure of human well-being to the GDP. If the GDP was designed to account for the total monetary value of consumption and production, the GPI was designed to indicate genuine progress in peoples quality of life and overall economic, social and environmental well-being. In the mind of the chrematic there are no limits to economic growth, and the market system behaves more like a cancer cell than a virtuous human being with a conscience.