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[return to "Japanese population falls in all 47 prefectures for the first time"]
1. bruce5+wj[view] [source] 2023-07-27 04:53:34
>>anigbr+(OP)
>> It’s a natural process for people from areas experiencing population growth to move to other places experiencing decline

This strategy works as long as there are more places (by volume) experiencing growth than decline. Since the trend is slower growth overall, there will be a point where global growth stops, and clearly then the strategy will start to fail.

Frankly, from a planet point of view I'd hope that point comes sooner than later.

This will play out in obvious ways (lifting retirement age etc) but ultimately the quality of life will increase overall until some sort of stable population number emerges.

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2. ramraj+Tk[view] [source] 2023-07-27 05:07:14
>>bruce5+wj
There will be a period of massive upheaval when the fundamental tenet of all economic models and assumptions (perpetual growth) is completely chronically invalidated and we run out of resources as the models reset to something that’s absolutely zero sum (as it should be). Great suffering and fighting can be expected during this period.
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3. kmonse+Nq[view] [source] 2023-07-27 06:04:38
>>ramraj+Tk
Economic growth doesn't need to have any anchoring in reality, it can grow as much as we want it to.
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4. Eddy_V+ty1[view] [source] 2023-07-27 14:11:30
>>kmonse+Nq
He's a fictional conversation [1] between an economist and physicist where they discuss this very premise:

Economist: Hi Tom, I’m [ahem..cough]. I’m an economist.

Physicist: Hey, that’s great. I’ve been thinking a bit about growth and want to run an idea by you. I claim that economic growth cannot continue indefinitely.

Economist: [chokes on bread crumb] Did I hear you right? Did you say that growth can not continue forever?

Physicist: That’s right. I think physical limits assert themselves.

... the rest in the link ...

[1] https://dothemath.ucsd.edu/2012/04/economist-meets-physicist...

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