It seems to be a totally naturally occurring phenomenon happening everywhere. We're developing more as a species and having less offspring as a result. Its predicted that we will hit our planets population maximum this century. Its entirely possible that the human species will never have more then 10 billion people on the planet at once. Thats our high score.
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It’s not just capitalism though, it’s innovation and the arts. Our development as a species is partly contingent on population, on more chances of finding that genius, more excess capacity that can be devoted to things not obviously profitable. I disagree with the open endedness of your statement, the rate of change.
Given
- we can’t keep growing
- we’re probably beyond sustainable capacity for this planet
I’ll agree with
- we need to slow and stop population growth
- shrinking population would be better
But disagree
- the rate of drop is important - we want to reduce harm, societal stress, conflict
- we want to plateau at some population well into the billions but less than today
Most importantly, fertility trends look like we’re heading for a fairly steep drop in population as the current generations age out and pass. We are heading toward disruption, societal stress, conflict.
It’s unclear how to stabilize the birth rate for that lower plateau, since we’re mature enough to not go back to oppressing women (I hope), but clearly we’re disincenting children and will quite likely regret that in a generation or two, for most developed countries. For the long term future of humanity and our society, we need to start making tweaks now, when they’re just tweaks. Start making it easier to have children. Start helping parents more. Start making it easier to grow up. Look after our future as a species rather than freeload off the personal choices of individuals.
I do compare it with our treatment of climate change. We failed to make small changes when small changes would have been sufficient. The longer we wait, the bigger, more disruptive, more expensive the changes will need to be. We’re bad at looking ahead and setting longe term priorities but need to get better fast
We need financial and quality of life incentives to pump the gas and brakes on babies.
We need to match the death rate with the birth rate and move that disparity super slowly.
Too many geriatrics, worker class gets f'd
Actually would be nice if worker pop drops so hard the value of workers goes up.
In Europe after the Black Plague the value of peasants increased significantly contributing to social and economic reforms. Lower birth rates can accomplish the same feat with less suffering.
The average age at death was much-much lower.
"you're not producing enough capital batteries"
I think some in this thread do not fully realize what some of the inherent problems of capitalism are and how they relate to this issue.
In a capitalist economy resources and labour are generally allocated in a way that maximizes profit. Profit is determined based on the prices of things and prices are determined by the exchange value of those things. That often results in the price of something being way higher than what it cost to make it. One result of this is that capitalist economies allocate enormous amount of resources and labour to things that don't have any beneficial value to society. For example, some of the most skilled labour in America is tasked with figuring out how to get as many people as possible to spend as much time as possible looking at anger-inducing content on their phones. This isn't contributing in any meaningful, positive way to solving society's known, difficult long term problems, like ageing population. In fact it likely does the opposite.
In contrast, a socialist economy allocates resources and labour according to society's needs, which are determined by some mix of economic planning and limited market dynamics. Prices of things are determined through these processes and generally represent how much labour goes into them. As a result, keeping people angry wouldn't get many skilled engineers allocated to. Instead these people's labour would for example be employed in automating the shit out of the vital sectors for society's long term well-being. Like automation in agriculture, healthcare and elder care. And then since labour isn't allocated or paid on the basis of profit, the socialist economy can keep labour employed in sectors where proven automation already exists and gradually ramp up automation as they retire. Alternatively it could let people retire earlier, or have them do other work if they want to, like community service, or art, or R&D, or childcare, etc. As a result a socialist economy has a better ability to sustain itself with less labour while taking care of its elderly, without enduring crises.
Worse, a capitalist economy has to go through the real material changes, actually allocating labour and resources, producing the things it would produce with its current configuration in order for it to figure out what to change and what to do next. Thus we're faced with the horror of all these bad decisions that we currently see basically locked-in and consuming vast resources and labour until they become unprofitable or resources or labour are exhausted. Which means we're very likely to run into crises before the system adjusts to the new realities of diminished labour force. And then we'd likely (as we already are) rush into solving that by importing labour, which is going to get us into social instability due to racism, and we know how that goes. There are plenty current examples to go around. Meanwhile an economy that can do planning can model ahead of time what different future economic configurations would look like, make projections, choose a desired one and have resources and labour allocated on solutions today, thus increase the chances of avoiding acute socioeconomic crises or minimize their scale.
I hope this helps understanding the premise.
And for today's misallocation of resources in capitalism I give you - https://sh.itjust.works/comment/18820691.
In contrast, a socialist economy allocates resources and labour according to society's needs, which are determined by some mix of economic planning and limited market dynamics.
The only problem being, that while nice in theory, socialist economies never actually did that in practice. Since humanity has never figured out, how to actually do economic planning in some centralized or semi-centralized way without being very inefficient and corrupt. I used to think AI could do that one day, but I guess that was too optimistic...
It's easy to see capitalism is terrible. It's hard to see a better system, that could replace it.
Wish I could upvote your comment more than once. Clear as it can be. 👌🏼
And a medium term crisis for elderly care
It usually always translates to "We really need more poor and working class labor so pump out more wage slaves." We could be a way better society if we move past enriching billionaires and the rich.
They are kind of a crisis for pensions, mind. The whole idea of a state pension is that for every worker there are approximately two more paying in to cover the costs of the pensions. Every generation is paying the pensions of the previous generation. Obviously it's actually less than two because of tax brackets and the fact that people die early, but on the whole, it's roughly two people.
If population declines, well you're gonna have to re-think your pensions and social care and find the money and/or labour somehow.
Billionaires are always welcome to pay their fair share of the tax burden by paying their employees a wage they can live on. Higher wages means more taxable income. Their current policy of, "privatize the profits and socialize the risks" benefits no one but themselves.
OK - hear me out.
https://muppet.fandom.com/wiki/Hurling_Day
Yeah, capitalism sucks - but the greying population is an issue all the younger gens have to deal with. Once again the problem is boomers (not their fault for being born though). Thankfully, Jim Henson gave us a solution.
Holy crap I forgot about this. Reminds me of Midsommer. I think I also read about this ritual in "The Golden Bough.", but it's been awhile.
no. It would take a far larger imbalance in the population for it to be truly unmanageable. The real danger is not to the labor we can do, but the security of the empire we may live in. Other empires might exploit the lack of fighting age citizens, and this isn't a fabricated threat. Invasion from more "efficient" empire is a constant consideration that requires a sizable younger population to guard against.
However, this isn't a problem inherent to every society that could ever exist, only constantly reinforced by the desires of systems and people to conquer and dominate.
Agree, when I hear billionaires complain about low birth rates I don't relate. Your problem, not mine. Maybe make it more affordable and less impactful on the planet, then it's more tolerable, but otherwise not really.
Humans are the most overabundant resource on the planet...if capitalism actually functioned, the system wouldn't incentivize creating more.
But the current economic system isn't even true capitalism...it's optimized wage enslavement paired with a caste system. Keeping labor pools well stocked depresses the value of replacing individual units...all they're figuring out now is how best to trim maintenance costs.
Capitalism can exist on a gold standard, or a barter system of goods, which if we were on those systems then a shrinking population would do nothing inherently negative.
The thing that breaks with a declining birth rate is monetary policy, which requires an ever growing money supply because we've designed a 2% inflation target, which means growing consumption via debt monetization. The reason for 2% inflation is to monetize our debt, in order to force people onto the risk curve for economic growth; we grow the money supply about 6% a year to achieve 2% inflation due to technological advances and a broken CPI index.
There is enough out there for everyone to live a happy life. We just have to realize it.
We’re too dumb and sabotaging of our intelligence because about 1/5 of humanity is too narcissistic to make it work. They won’t let let others thrive because to hold others back is easier than to strive for constant genuine improvement.
How do you propose to solve for this?
1/5 can only stop the 4/5 if they don't fight back. So many people have been culturally taught to be run over - through distorted ideas of 'respect' 'politeness' 'order' and more.
They won't let us? No. We won't let them. Get up and defy them. In whatever style suits one best. Economic strikes, go off grid, protest with weapons, join a hacker organization, stop paying taxes, boycott the companies you hate... List goes on. Any one thing might feel like nothing, but together it is everything. Online there's so much hopeless content, it is easy to feel like no one else is mobilizing. But they are and they need every single one of us to take action. It's not important that we have the perfect strategy, it's important that we all defy together.
When the 4/5 have to fight back to stop the 1/5, they adopt the traits of the 1/5 over time to defeat them and become the next 1/5 with future generations of them eventually creating the need for them to be stopped. Thus creating a cycle that can only solved by a continuous and systemic non violent deposition of the 1/5.
This extends beyond our era into that of previous revolutions of the cycle where tyrants caused their own fall via arrogance and greed.
We know, realizing it isn't the issue, it's (oversimplified) the greed of the ones who stand in the way of making it happen.
I meant realize in the financial sense, as in “to make real”