The economy is serving the population when it enables consumption. Income is shifting numbers around in banks, consumption is delicious mac&cheese.
That said, you criticized log(consumption) above because it doesn't measure "social structures" and "inequality". Those things are pretty explicitly not how the economy is serving the population.
That said, you criticized log(consumption) above because it doesn't measure "social structures" and "inequality". Those things are pretty explicitly not how the economy is serving the population.