I am not an expert, but it seems like most developed countries are learning to deal with a shrinking population. The current decline hasn’t had effects like loosening up the job market, so it seems to me this means it’s not currently causing any problems that would be catastrophic. There’s clearly enough workers for the work that needs to get done.
I think there’s not yet been a article of all the ‘doom and gloom’ of population decline that actually explains why it’s worse than overpopulation.
Because the problems come years after the birthrate decline when a large portion of your population is retired and you don’t have enough young workers to fill the roles they typically fill
I am not an expert, but it seems like most developed countries are learning to deal with a shrinking population. The current decline hasn’t had effects like loosening up the job market, so it seems to me this means it’s not currently causing any problems that would be catastrophic. There’s clearly enough workers for the work that needs to get done.
I think there’s not yet been a article of all the ‘doom and gloom’ of population decline that actually explains why it’s worse than overpopulation.
Because the problems come years after the birthrate decline when a large portion of your population is retired and you don’t have enough young workers to fill the roles they typically fill
It’s going to be tough but it needs to happen eventually, plus now we have ai which should help alleviate some of that once it really gets going
This is a myth. Immigration guarantees that you’ll ALWAYS have workers to fill whatever roles you need filled.
Oh man let’s tell that to the Koreans and see how they feel about that…
Except we need really tight labor shortages to jack up wages and house prices to go down
Not really, most countries are dealing with it by increasing immigration. That’s clearly not a sustainable long-term plan.
Why not? If you manage immigration such that the population stays constant, what’s bad?