What if the way we measure "success" is wrong?
For the last century, we've measured development with one main tool: Gross Domestic Product (GDP)
GDP = The total $ value of goods and services. The logic: If the economy grows, the country is "developing."
But what does GDP really measure? Imagine a devastating earthquake.
Development is about PEOPLE, not objects. The goal of a healthy society isn't just to make a bigger economy. The goal is to meet Fundamental Human Needs.
We confuse "Standard of Living" (how much stuff we can buy) with "Quality of Life" (how well we live). This is a dangerous trap because:
This is the most critical distinction in this entire course.
Needs are the fundamental requirements for a full human life.
Satisfiers are the ways we try to meet our needs. They are the "food" we eat to get the "vitamins." Example:
We get trapped when we mistake a Satisfier for a Need.