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▲ runarberg 3 hours ago

I argue that the depopulation fears are the second coming of Malthus. And like Malthus, they will be as spectacularly wrong.

Malthus’ problem was that it was easier for him to imagine the end of the world, then the end of Mercantilism. That he simply could not imagine that the large cargo ships would be used to trade in a globalized economy instead of upholding government monopoly over colonies.

Similarly, today’s doomers have an easier time imagining the end of the world, then the end of capitalism. That society will rather let it self fail rather then socializing the vast wealth we have created and is currently hoarded by a handful of billionaires, and instead distribute it justly where it is needed, e.g. as retirement to our aging population or as as subsidies to shrinking school classrooms.