The declining birth rate isn’t going to hurt anyone alive today.
Having a top heavy age demographic means less tax revenue will be split between more required services. There will also be fewer labourers with more labour requirements. The only ones it won’t hurt are the billionaires.
It’s probably a good thing in the long run that human population is stabilising, but it’s going to be problematic until we get to that stable state.
This is only a problem under capitalism. We are immensely more productive than we used to be and can provide for everyone. A great majority of our labor is just wasted on increasing shareholder value and producing frivilous shit we don’t need.
Agreed. It will require careful redistribution of labor and resources to ensure stability with a declining population.
But nations typically want to hoard their resources, and the value of labor is measured only in overall utility to the billionaire class, so I don’t believe it will be a graceful decline for the majority of the world in practice.
Having a top heavy age demographic means less tax revenue will be split between more required services. There will also be fewer labourers with more labour requirements. The only ones it won’t hurt are the billionaires.
It’s probably a good thing in the long run that human population is stabilising, but it’s going to be problematic until we get to that stable state.
This is only a problem under capitalism. We are immensely more productive than we used to be and can provide for everyone. A great majority of our labor is just wasted on increasing shareholder value and producing frivilous shit we don’t need.
Agreed. It will require careful redistribution of labor and resources to ensure stability with a declining population.
But nations typically want to hoard their resources, and the value of labor is measured only in overall utility to the billionaire class, so I don’t believe it will be a graceful decline for the majority of the world in practice.
Make better bots.