Sustainable Development Index (SDI) measures the ecological efficiency of human development, recognizing that development must be achieved within planetary boundaries. It was created to update the Human Development Index (HDI) for the ecological realities of the Anthropocene.
SDI is a relatively new concept in human development measurings .
So here is the question should development of a country be only measured against HDI ?
If we look at HDI or Human Development index then all the capitalist countries keep taking up the top spots.
Who would make it to top spot on SDI ?
voila all the socialist ones of course.
Brings back the socialist vs capitalist development model debate.
Socialism is on a decline globally, it’s a common mystical belief nowadays that better economic growth and progress is only tied to Capitalism.
Clearly the socialist model was less aggressive and less damaging to environment, it not only focused on factories and industries for profit it stopped them when it replaced a large population or when they were setup in economically fragile zones.
Almost all of the communist countries have adopted some form of socialism in there core ideology .
So coming back , which one is better for human development ?
Human development can no longer be tied just to individual pay or purchasing power parity(PPP) it should meaningfully look at the sustenance of the model and how damaging its to the environment.
Socialism did ensure that the development if it happened reached more equally to all sections of the society. In socialist countries its more rare to find the super rich ie 1–2 % of the population enjoying dipariate rights and luxuries and the rest 99 % struggling to meet daily expenses.
“Socialism always weighed development against the human cost.”
In the days ahead when climate change starts to take centre stage in policy making ,the world will adopt SDI along with HDI .
Mother nature which nurtured us all deserves respect and payback.
SDI will become equally important as HDI for truly measuring human progress.