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Births in China slide 10% to hit their lowest on record
(www.nbcnews.com)
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this post was submitted on 15 Oct 2023
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We were taught about demographic imbalance years ago and how it would be incoming and yet nothing was done.
This is good, in my opinion.
Pollution, overpopulation, health crises, housing crises, food crises, political instability, war, the list goes on for why people aren’t having kids.
The real reason for most of the above boils down to one thing: greed.
A single income family used to be able to support multitude of children without issue. Now a dual income family has to consider finances when considering a single child. All because of the world they’d be bringing it into that has been destroyed by greed.
Contraction of economies is going to hurt all of us, but it’ll hurt the ones at the top the most, because there is only so much they can take until there aren’t enough humans to take from anymore, and the power/wealth gap will have to close out a different system will have to be established.
We're going to have to figure out how to make economies work with stable or decreasing populations.
I get the basic premise of why growing populations are deemed necessary by economists. It's simple, I don't need another lecture from all you proud economy 101 grads.
But it's simply unsustainable. We have too many damn people on the planet as it is. We need to discourage population growth.
For future generations.
Having continuous population growth leads to continuous economic growth. But...
You can also achieve that by squeezing more economic productivity out of fewer people, by continuously improving education, diversity of thought, legally protecting creativity, fostering small businesses through seed money and tax incentives, and lots of other stuff.
We have already been scaling the amount of productivity that comes out of a population since the invention of the steam engine and the factory line. Digital automation, AI and robotics are expected to keep that trend going for a long time.
Not to mention, that it's easier now to operate productively in areas of less dense population. Previously small towns would die, but with clever infrastructure that supports broadband everywhere, public transportation, self-driving vehicles, drone delivery, additive manufacturing (3d printing), virtual presence through XR, and so on, you can operate a rural population like a big productive city, and get the benefits of both.
And at the end of the day, if your economy doesn't grow, it just means that wealth in the country doesn't grow.You can maintain that indefinitely. Or if an economy shrinks, society doesn't come collapsing down until everyone gets poor enough that bribery and corruption overcome lawfulness. But if the society was already wealthy, that will take a long time, and you can mitigate it by doing things like spreading out concentrations of wealth among the population (taxing the rich), increasing immigration, and adopting socioeconomic sustainability planning approaches.
The concept of desiring continuous economic growth needs to die.