That is all policies and political structures are testable and tested to see their effect on those three (or other suggested) factors. If a policy doesn’t reasonably work then it’s simply not continually employed. I’m curious to see what factors others think ought to be used.
It seems most political systems now were built without science in mind and utilize it as an afterthought to help develop legitimacy for policies individuals want. Generally politics across countries seems deeply emotionally driven and not fact driven. That is people have a feeling that an idea is a good idea and then they cobble together whatever they can to support that point without any unified measure of good or better. Ideally it ought to be the other way around, fact or evidence informed policy generation.
It makes sense. Technology has made workers much more effecient since the 1970s, yet weekly hours worked have not fallen. It might be worth it to have the option to work less, in other words, to increase HDI a lot for a little less GDP.
Yeah most countries have been seriously lacking on the HDI and environmental impact aspect of what I consider to be the best optimization for human wellbeing. Production is amazing, more food, better medicine, more efficient energy sources but it has to be for a reason, not just to do it. Of course capitalism tries to quantify this through market demand but unfortunately people and governance are easy to game if one has enough capital aka people can be convinced either directly or through ignorance to support markets that are harmful to their wellbeing and the environment.