I don’t think it is shrinking globally, yet. But, some countries (e.g. South Korea) are in dire situations due to shrinking and aging population already.
I agree that infinite growth was always impossible, but in some countries birth rate is well below replacement rate (if they matched, population would be stable, not growing), and in many birth rate + immigration rate is also below replacement rate – we are failing not at growth, but “mere” stability.
I don’t think it is shrinking globally, yet. But, some countries (e.g. South Korea) are in dire situations due to shrinking and aging population already.
That’s just repeating the assumption that’s being questioned.
Might be bad now but it leads to a better future. Infinite growth was always impossible, this is just the result of decades of mismanagement.
The future for S. Korea looks bleak, not better.
I agree that infinite growth was always impossible, but in some countries birth rate is well below replacement rate (if they matched, population would be stable, not growing), and in many birth rate + immigration rate is also below replacement rate – we are failing not at growth, but “mere” stability.
Idgaf about replacement rate. I don’t want the old to be replaced. I want the economy to get smaller and for the wealth to be better distributed.