Maybe it’s bad for our current economic systems, but as we reduce birth rates we also need to be looking for economic systems that don’t simply rely on an ever-increasing population of worker bees.
Maybe it’s bad for our current economic systems, but as we reduce birth rates we also need to be looking for economic systems that don’t simply rely on an ever-increasing population of worker bees.
Reversing population growth means having an ever increasing population of elderly people and increased burden on the young to support those elderly. It's hard to see solutions to this that aren't dystopian and downright cruel.
Wealth-wise, the global bottom 50% emit on average 1.4 tonnes of carbon-dioxide equivalent (tCO2e) per year. The top 10% emits 28.7 tCO2e [1].
We're not talking about billionaires when we mention "the top 10%. This was a 2019 study, so 10% of the population was about 770 million people— that's roughly the population of the whole of Europe [2].
That bottom 50% deserve their living standards to be elevated. They deserve and should get sewage, home appliances, water pipes, electricity, cars, meat, video games, disposable income, etc etc. When that happens, half of the population could be producing one or two orders of magnitude more tCO2e. Someone in that 10% right now is producing 205x more tCO2e than someone in that bottom 50%, and it isn't because they own private jets, it's because they can afford a washer and dryer.
[1]: https://www.nature.com/articles/s41893-022-00955-z#:~:text=G...).
This assumes that technology remains constant.
As it stands now, technology is not catching up and a smaller percentage of them will have access to those amenities.
We can't just create more oil out of thin air. Progress on batteries is too slow and renewables and electric cars are too expensive. We're already over-fishing and over-farming the earth with our current population. We are missing all of our climate targets, and that's on an earth where most don't live in developed countries yet.
We could replace those needs with technology like VR experiences and processed food for example, but I have a hard time seeing how that will be enough.
Industry that serves a number of individuals, so the relationship is direct.
considered good by who??? Can you quote some sources? Bloomberg article from above:
> The lack of babies carries long-term risks for the economy by reducing the size of the workforce that underpins its growth and vitality. Welfare spending for an aging population also drains national coffers that could otherwise be utilized to promote businesses, research and other enterprises that are key to prosperity.
( Assuming productive age is 20-80 and all people die at 100 )
Once you enter a low birthrate of 1 that would mean at some point your workforce could be cut in half and your elderly population could be doubled. Now, 40% of the workforce will end up needing to sustain a 50% elderly population and 10% would be minors. If you're not carefull the loss of capital in the workforce could mean less people desire to have kids in a world that cannot sustain their needs. Leading to a feedback loop that is very hard to get out of.
One way of improving the situation is by cutting back on all non-essential programs for decades in order to stabilise the population at the magical 2.1 number.
Apart from a robotic class of workers, forcing older people to produce, or forcing down living standards, this isn’t a problem different economic systems can solve. It’s fundamental to input/output.
Also, stable populations aren’t super problematic. 0.78 is way below replacement, however.