zlacker

[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.

◧◩
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.
◧◩◪
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.
◧◩◪◨
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...

◧◩◪◨⬒
5. kmonse+VY3[view] [source] 2023-07-28 04:41:22
>>Eddy_V+ty1
That article ties growth to consumption, and consumption to energy use. This does not have to be true.

We could all decide to multiply every currency with 10x and nothing would change except the number and we would have 10x economic growth as measured in the currency.

That is an obviously simplified example, but it is not that contrived. Modern money is not tied to energy use. Money is created out of thin air every day and that is ok.

◧◩◪◨⬒⬓
6. Eddy_V+ZZh[view] [source] 2023-08-01 15:14:58
>>kmonse+VY3
That isn't economic growth because there is no change in the supply or demand of goods or services which underlay economic activity.
◧◩◪◨⬒⬓⬔
7. kmonse+oPk[view] [source] 2023-08-02 07:10:44
>>Eddy_V+ZZh
What is economic growth other than numbers getting larger?
[go to top]