| ▲ | lenkite 3 hours ago | |||||||
Gradual population decline empowers lower-income workers. As seen after the Black Death, a scarcity of labor drives real wages up and lower the cost of basic goods and rent. Basically, the billionaires dislike it and hence are changing the message. They want you to be ants. | ||||||||
| ▲ | calepayson 7 minutes ago | parent | next [-] | |||||||
I'm not sure the Black Death is a good example of gradual population decline | ||||||||
| ▲ | penteract an hour ago | parent | prev | next [-] | |||||||
> As seen after the Black Death, a scarcity of labor drives real wages up and lower the cost of basic goods and rent. Does this still hold when the majority of labor is no longer closely tied to a finite supply of land? At the time of the Black Death, the majority of men's labor was farming, and having more land directly made labor much more productive[1]. The modern economy feels much more complicated (e.g. if your job involves transporting things/people from A to B, it probably decreases in efficiency as the density of people decreases). [1] https://acoup.blog/2025/09/12/collections-life-work-death-an... | ||||||||
| ▲ | g3f32r 2 hours ago | parent | prev [-] | |||||||
> Gradual population decline empowers lower-income workers. Remember this line the next time immigration/H1b debates heat up. The same mathematics are at play. | ||||||||
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