4 ms·
Our current system has objectively delivered massive economic growth and standard of living improvements.
by daedrdev 2y ago
Our current system has objectively delivered massive economic growth and standard of living improvements.
- toomuchtodo 2y agoIt has delivered for the shareholder class while driving down fertility rates through unfavorable economic macros. “Growth for whom”? Growth has proven valuable primarily to the wealthiest, who continue to demand more. Good luck with future squeezing as structural demographic declines are locked in. https://english.kyodonews.net/news/2024/08/5e488d2474cf-japans-births-fall-57-to-350000-in-jan-june-as-marriages-decline.html https://english.kyodonews.net/news/2024/08/5e488d2474cf-japa... (Japan) https://www.piie.com/research/piie-charts/2024/chinas-population-decline-getting-close-irreversible https://www.piie.com/research/piie-charts/2024/chinas-popula... (China) https://www.bbc.com/news/world-asia-68402139 https://www.bbc.com/news/world-asia-68402139 (South Korea) https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2024/20240525.htm https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2024/... (US)
- daedrdev 2y agoFertility rates have been decrease with improved standard of living, and the poorest have the most children. Hungary gives 5% of gdp to people who have children, yet have barely stopped the decline in births because of this. Other countries have similarly failed.