Economic Growth

 Economic growth is defined as: An increase of the quantity and quality in the economic goods and services. It is the inflation cleared rate of Output for a year or a period. (Wikipedia, Economic Growth)

 A simple test:

A country wit 10 citizens, produces goods and services.

The 9 persons are working for the 1 person say alpha and getting for there services goods and services but no money. The production belongs to the alpha and he export this and import gold, money(USD EUR etc). The Central Bank holds the treasury which holds the gold and money of the alpha.

The country has a economic growth of 6% that means it produces more services and goods than last year 

BUT the workers and citizens get the same services and goods as they get it one year before, means no change of there living standards or perhaps less !!!!!

BUT the alpha getting wealthier has got more Gold and money at the Central Bank.

You will hear that this country is on the Top-List of the Economic Growth but this measure alone has nothing to do with the Wealth of the Citizens.

On Earth the rare recources belongs to the few clans/families/groups and the Majority is serving for this minorities. And all wars are bassed on this simple sentence.

Nothing changes over the time. 

 

We all sit on the front of the TV and let us manipulating.