The welfare state is predicated on a pyramid-shaped population.
Also: people deride infinite growth, but growth is what is responsible for lifting large portions of the population out of poverty. If global markets were repriced tomorrow to expect no future growth, economies would collapse.
There may be a way to accept low or no growth without economic collapse, but if there is no one has figured it out yet. That's nothing to be cavalier about.
> The welfare state is predicated on a pyramid-shaped population.
America isn't a welfare state, I think this much is clear :) It's welfare for the rich only.
> Also: people deride infinite growth, but growth is what is responsible for lifting large portions of the population out of poverty. If global markets were repriced tomorrow to expect no future growth, economies would collapse.
We don't have infinite resources so infinite growth is just impossible. And a fairer distribution of wealth can also lift populations out of poverty. The problem is the people that have a lot of wealth also have a lot of power they can wield to keep it that way.
Also: people deride infinite growth, but growth is what is responsible for lifting large portions of the population out of poverty. If global markets were repriced tomorrow to expect no future growth, economies would collapse.
There may be a way to accept low or no growth without economic collapse, but if there is no one has figured it out yet. That's nothing to be cavalier about.