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Reverting to 1 billion people would be good if the age distribution doesn't change. Because there would be more capital per worker leading to increased producti
by RivieraKid 3y ago
Reverting to 1 billion people would be good if the age distribution doesn't change. Because there would be more capital per worker leading to increased productivity and higher wages.
However, if it means a higher proportion of old people, the working population will need to give a greater portion of their wages to them.
- dllthomas 3y agoUnless I miss something, any reduction in population due to fewer births will change the age distribution, so reverting to 1 billion people without changing the age distribution means billions of people dying much earlier than they have been. I'm going to say that's ... not good.