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Edward  Boyle

I was thinking of this stuff and have following observation:

Productivity=>Less employment+Massive cheap goods=>cheap credit to sell the goods(unemployed can't buy the increasing amount of stuff) resulting in societal bankruptcy through increasing financial bubbles to supply income to get desirable (due to heavy ad campaigns) goods into people's possession. So higher productivity is bad.

Lower prodcutivity supposedly makes people poor as they can't afford simple consumer goods. However then they save and are frugal, ocnsidering waht they really need before buying it and keeping it a long time. With less productivity things are made to last. So as GDP and growth are the holy grails of economics along withg productivity, we can throw them all out as not well thought out. GDQ (Gross Domestic Quality) should replace GDP and quality should replace productivity.

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