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Every modern economy, socialism included, requires a growing population. You’re right about the main benefit of population decline though. It gives Nature a ne
by chaostheory 11mo ago
Every modern economy, socialism included, requires a growing population.
You’re right about the main benefit of population decline though. It gives Nature a needed break
- monero-xmr 11mo agoIt does not, because productivity can increase. You have a very common misunderstanding
- trollbridge 11mo agoDoesn’t work if all of the productivity gains are captured by the wealthy owners of most of the capital though.
- monero-xmr 11mo agoIf more of society’s desires can be delivered with fewer people at lower cost, all of society benefits
- int_19h 11mo agoNot necessarily. For example, if most of society's wealth is concentrated with a few people, and the rest can get crumbs from that table only by serving the wealthy, then a situation where something is delivered with fewer people at lower cost translates to more people starving because they are no longer economically useful.
- monero-xmr 11mo agoIt doesn’t matter if 1 guy has 99.99% of all wealth on earth if everyone’s living standard is high and they can afford all of life’s wants
- trollbridge 11mo agoThat is not, however, what is happening. The Western world is facing a crisis where young people seem to be barely be able to find a place to live and have trouble finding a job, and are constantly being told that entry-level jobs for them will be replaced by automation or AI. Little is being done to give them assurances they will be able to provide for themselves.
- trollbridge 11mo agoWhat we are currently experience is less of society's desires being delivered.