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Labor Shortages are great news! What is this person talking about? How else are we supposed to make real wage gains?

toomuchtodo 2y ago
It’s not good for business, capital, and anyone else whose success or profits depends on labor to squeeze for productivity. But for the rest of us, it is a net positive outcome. Just need to lean into it. Onward [1]! (Global population boom over the last several decades was an artifact of lack of access to family planning and contraception access along with empowerment and agency [2]; that population was squeezed by economic systems, systems which will now need to face the consequences of humans having agency and autonomy to choose not to have children, which otherwise would’ve been extracted from as adult workers and taxpayers [3] [4] [5]) [1] https://hn.algolia.com/?dateRange=all&page=0&prefix=false&query=birth%20rate&sort=byDate&type=story https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu... [2] https://ourworldindata.org/fertility-rate#what-explains-the-declining-fertility-rate https://ourworldindata.org/fertility-rate#what-explains-the-... [3] https://en.wikipedia.org/wiki/The_purpose_of_a_system_is_what_it_does https://en.wikipedia.org/wiki/The_purpose_of_a_system_is_wha... [4] https://www.demogr.mpg.de/papers/working/wp-2024-002.pdf https://www.demogr.mpg.de/papers/working/wp-2024-002.pdf [5] https://inequality.org/facts/global-inequality/ https://inequality.org/facts/global-inequality/
- toomuchtodo 2y ago
  Additional citations: > “Once a woman receives enough information and autonomy to make an informed and self-directed choice about when to have children, and how many to have, she immediately has fewer of them, and has them later.” https://www.amazon.com/Empty-Planet-Global-Population-Decline/dp/1984823213 https://www.amazon.com/Empty-Planet-Global-Population-Declin... > Our findings suggest that continued trends in female educational attainment and access to contraception will hasten declines in fertility and slow population growth. A sustained TFR lower than the replacement level in many countries, including China and India, would have economic, social, environmental, and geopolitical consequences. Policy options to adapt to continued low fertility, while sustaining and enhancing female reproductive health, will be crucial in the years to come. https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30677-2/fulltext https://www.thelancet.com/journals/lancet/article/PIIS0140-6... | https://doi.org/10.1016/S0140-6736(20)30677-2 https://doi.org/10.1016/S0140-6736(20)30677-2

It’s not good for business, capital, and anyone else whose success or profits depends on labor to squeeze for productivity. But for the rest of us, it is a net positive outcome. Just need to lean into it. Onward [1]! (Global population boom over the last several decades was an artifact of lack of access to family planning and contraception access along with empowerment and agency [2]; that population was squeezed by economic systems, systems which will now need to face the consequences of humans having agency and autonomy to choose not to have children, which otherwise would’ve been extracted from as adult workers and taxpayers [3] [4] [5]) [1] https://hn.algolia.com/?dateRange=all&page=0&prefix=false&query=birth%20rate&sort=byDate&type=story https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu... [2] https://ourworldindata.org/fertility-rate#what-explains-the-declining-fertility-rate https://ourworldindata.org/fertility-rate#what-explains-the-... [3] https://en.wikipedia.org/wiki/The_purpose_of_a_system_is_what_it_does https://en.wikipedia.org/wiki/The_purpose_of_a_system_is_wha... [4] https://www.demogr.mpg.de/papers/working/wp-2024-002.pdf https://www.demogr.mpg.de/papers/working/wp-2024-002.pdf [5] https://inequality.org/facts/global-inequality/ https://inequality.org/facts/global-inequality/

toomuchtodo 2y ago
Additional citations: > “Once a woman receives enough information and autonomy to make an informed and self-directed choice about when to have children, and how many to have, she immediately has fewer of them, and has them later.” https://www.amazon.com/Empty-Planet-Global-Population-Decline/dp/1984823213 https://www.amazon.com/Empty-Planet-Global-Population-Declin... > Our findings suggest that continued trends in female educational attainment and access to contraception will hasten declines in fertility and slow population growth. A sustained TFR lower than the replacement level in many countries, including China and India, would have economic, social, environmental, and geopolitical consequences. Policy options to adapt to continued low fertility, while sustaining and enhancing female reproductive health, will be crucial in the years to come. https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30677-2/fulltext https://www.thelancet.com/journals/lancet/article/PIIS0140-6... | https://doi.org/10.1016/S0140-6736(20)30677-2 https://doi.org/10.1016/S0140-6736(20)30677-2