Book review: Replacing GDP by 2030: Towards a common language for the well-being and sustainability community, Rutger Hoekstra, Cambridge University Press, Cambridge (2019)

Kenneth J. Bagstad; Mairi-Jane Fox

doi:10.1016/j.ecolecon.2021.106979

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Book review: Replacing GDP by 2030: Towards a common language for the well-being and sustainability community, Rutger Hoekstra, Cambridge University Press, Cambridge (2019)

Kenneth J. Bagstad·Mairi-Jane Fox

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Abstract

Critiques of gross domestic product (GDP) as the economy's primary measuring stick have emanated from the feminist and ecological economics communities for decades ( Kubiszewski et al., 2013 ) and have grown to include mainstream economists ( Stiglitz, Sen, and Fitousi, 2009 ) and national accountants ( Coyle, 2015 ). To the casual observer, such critiques seem to be growing almost as quickly as the number of proposed alternatives to GDP! Yet amidst the extensive literature on the topic, Rutger Hoekstra's “Replacing GDP by 2030: Towards a common language for the well-being and sustainability community” ( Hoekstra, 2019 ) stands out for simultaneously diagnosing the failings of the “Beyond GDP” movement and proposing a roadmap towards the book's goal of developing data systems to underpin critically needed well-being and sustainability indicators at national and global scales.

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Kenneth J. Bagstad, Mairi-Jane Fox. 2021. Book review: Replacing GDP by 2030: Towards a common language for the well-being and sustainability community, Rutger Hoekstra, Cambridge University Press, Cambridge (2019). https://doi.org/10.1016/j.ecolecon.2021.106979

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