DataGeekB,
@DataGeekB@mastodon.social avatar

If you see anyone parroting the talking points of a certain tech billionaire, maybe get them to watch this video
(which includes thoughtful commentary from the brilliant Jennifer Sciubba):
https://www.youtube.com/watch?v=o_mOHelAH44

PS
It might also be useful for anyone who's teaching on population topics.

#Demography #Population #PopulationTrends #Migration #Fertility #Mortality @demography @sociology

riggbeck,
@riggbeck@mastodon.social avatar

@DataGeekB @demography @sociology

Falling birth rates are good. It's bad news for global capitalism because it needs ever-increasing demand or the system collapses. As for individual countries, the answer to an ageing population is more immigration from countries with high birth rates.

A declining population would be an opportunity to make the world a better place. Unfortunately, we're still stuck in old ideas that don't work any more.

economics,

@riggbeck @DataGeekB @demography @sociology falling birth rates are good for global capitalism. In fact, they are very good. It solves many many problems. There has been a decades long attempt to curb birth rates. The economic nightmare scenario for global capitalism is places like Gaza with a fertility rate of 8. Capitalism prefers stability over all else.

riggbeck,
@riggbeck@mastodon.social avatar

@economics @DataGeekB @demography @sociology

Where are the new markets coming from if population declines? And while some businesses like stability, the techbros love to disrupt.

As I suggested, the answer for ageing societies is more immigration from countries with high birth rates.

economics,

@riggbeck @economics @DataGeekB @demography @sociology you seem to be ignoring the profit function. Population growth does matter, in a limited sense, to a soup company because for them to grow there have to be more people to buy soup. Growth firms grow because society has allocated an inadequate amount of capital to meet the demand for the product. However, the soup company will rescale their supply to meet the population.

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