2 ms·
The shame is downstream from the fact that we made child-rearing an expensive luxury that could only be afforded by the few. Either a couple needs enough at-hom
by smallmancontrov 3y ago
The shame is downstream from the fact that we made child-rearing an expensive luxury that could only be afforded by the few. Either a couple needs enough at-home hours to take care of their own children (this means each parent should only be working at most 7 out of every 14 days because that's how math works) or centralized childcare needs to be affordable and good. People want to have children, people want their children to have children, fix the major fuckups and it'll happen.
Yes, stocks will go down. They will go down harder if we have demographic collapse.
But surely we can't fix the hours because then Asia will eat our lunch by forcing everyone to work 99 hours a week? They have the same problem but much worse and a government that isn't shy about major interventions. If we wanted to lead on this, we could get them to cooperate. If.
Dear business leaders: demographic collapse will swing the pendulum away from capital and towards labor, and policy changes have a 30 year lag built in. It is in your enlightened self interest to get in front of this before it gets in front of you.