Klarman's thoughts in more depth, from a month ago:
https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx...
https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx...
I think that's the idea behind the Gross National Happiness. You find a metric that mostly fits in with the capitalist model but has fewer negative externalities.
Great read in any case.