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Society has yet to grasp the ramifications of stagnant to declining populations in almost all of the first world and China. Capitalism and the fractional reser
by ZoeZoeBee 10y ago
Society has yet to grasp the ramifications of stagnant to declining populations in almost all of the first world and China. Capitalism and the fractional reserve banking systems dominating the world depend upon constant expansion, long story short we face a demographic nightmare generations in the making. The citizens are best represented as Wiley Coyote who's run off the edge of the cliff but hasn't looked down.
- toomuchtodo 10y agoAgreed! Although, I'd say we as a society have the opportunity to live relatively scarcity-free in the not too distance future (enough food, energy, clothing, shelter for everyone); we must decide if we'll embrace the opportunity.
- ZoeZoeBee 10y agoAbsolutely, the not too distant future is going to be interesting one way or the other, it is too late to change the inevitability of demographics and the subsequent bubble they've produced. Of course the truth will get you down votes on hacker news
- dragonwriter 10y ago> Although, I'd say we as a society have the opportunity to live relatively scarcity-free in the not too distance future (enough food, energy, clothing, shelter for everyone) For centuries its been true that every generation has had the resources to live "relatively scarcity-free" in terms of having the resources to provide enough food, energy, clothing, and shelter for everyone, based on the standards of a time in the not too distant (from the point under consideration) past. The problem has always been: (1) Resource distribution, (2) Standards moving forward over time. I don't see much prospect of that changing in the not too distant future.