A new study projects that global fertility rates, which have been declining in all countries since 1950, will continue to plummet through the end of the century, resulting in a profound demographic shift.
One of the things that drives economic growth - which is required under capitalism - is the growth of families. Lots of things anticipate having more people alive in the future to drive demand and provide labor. If that’s not going to be the case, what will happen to companies that demand constant growth?
Even if it’s just infant and child care that level off, that’s a huge part of our economy not growing. And our economy requires growth.
One of the things that drives economic growth - which is required under capitalism - is the growth of families. Lots of things anticipate having more people alive in the future to drive demand and provide labor. If that’s not going to be the case, what will happen to companies that demand constant growth?
Even if it’s just infant and child care that level off, that’s a huge part of our economy not growing. And our economy requires growth.