News for hackers. Stuff that matters.
Re:Global population is crashing, soaring and moving by PeterisP on Wednesday April 20, 2022 @04:09AM (#31094067)
For one specific (but large) example, lots and lots of older people in these countries rely on economic growth to ensure that their savings/investment can pay for their retirement, since if economic growth stops they'll be far from wealthy, won't really be able to retire and this will create problems both for them and the general social structure.

As in, even "life as usual" is conditional on at least some economic growth continuing for decades; and even in wealthy countries most people does not consider themselves wealthy enough and will not be satisfied with the idea of things not getting better; they'll definitely throw out any politician who promises keeping status quo in favor of politicians who promise that economy will grow.

Re:Global population is crashing, soaring and moving by shmageggy on Wednesday April 20, 2022 @04:41AM (#31094252)
Yes, our current total reliance on growth has this nasty self-perpetuating quality that will make the transistion to a post-growth economy rather tricky. Since infinite growth isn't possible, we're going to have to grapple with these issues eventually.
Re:Global population is crashing, soaring and moving by FerociousTimes on Wednesday April 20, 2022 @10:05AM (#31097137)
Economic busts do happen by the way. The notion that we have always an uninterrupted economic growth is not backed with evidence.
Re:Global population is crashing, soaring and moving by usrn on Wednesday April 20, 2022 @10:34AM (#31097550)
These older people enjoyed a lot of saved time and money when they were younger by not having children. They ate their cake, I don't see why they get to steal the next generation's so they can have it too.