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A comment on South Korea: The only middle power of its kind. Parent comment

Re:South Korea: The only middle power of its kind by ceejayoz on Tuesday August 03, 2021 @09:46AM (#28049083)
It's another offshoot of the "growth at all costs!" mentality you see in Wall Street and governments.
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Re:South Korea: The only middle power of its kind by refurb on Tuesday August 03, 2021 @11:06AM (#28050089)
What do you think pays for your healthcare, public pensions, infrastructure as your population ages out of the workforce?

The Grenadier Guards?

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Re:South Korea: The only middle power of its kind by ceejayoz on Tuesday August 03, 2021 @11:24AM (#28050279)
We've seen an immense growth of productivity since the 1970s in the US, with stagnant wages. Perhaps it's time some of that goes into the issues you mentioned instead of wealthy pockets?
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Re:South Korea: The only middle power of its kind by refurb on Tuesday August 03, 2021 @08:06PM (#28055793)
But with a declining population that’s declining GDP and with an aging population fewer working so less taxes.

How does it work again?

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Re:South Korea: The only middle power of its kind by ceejayoz on Tuesday August 03, 2021 @08:46PM (#28056017)
Increased per-worker productivity, automation, and a realignment of goals from lining pockets to contributing to society.
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Re:South Korea: The only middle power of its kind by nwienert on Tuesday August 03, 2021 @11:11AM (#28050144)
As long as gov spending per capita is not near or above income (ie, responsible fiscal policy) and you don't over-inflate, there's no reason you can't support all this with declining population.
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