eg. Cities failing, no revenue or employees to keep electric, water, sewer, police, etc., infrastructure funded.
Surely there is enough accumulated capital to pay for the things you mention with higher wages as population pyramids shrink, no?
Broadly speaking, there is no demographic or fertility crisis; it is a socioeconomic system crisis. Could we make these systems more humane and conducive to family formation (and thereby encourage potentially higher fertility rates)? We could, but the choice is made not to, and system participants have responded rationally.
Citations:
https://www.visualcapitalist.com/fertility-rate-of-world-pop...
https://ourworldindata.org/global-decline-fertility-rate
https://ourworldindata.org/world-population-growth-past-futu...
https://ourworldindata.org/population-simulation-tool
https://www.suerf.org/wp-content/uploads/2023/12/f_fa99ccdbe...
(podcast is aggressively pronatalist propaganda based on the panelists imho)
>Surely there is enough accumulated capital to pay for the things you mention with higher wage
Then hyperinflation will eat it up. And I'm not a finance guy but isn't a big portion of wealth just on paper? Hypothetically, Microsoft share price could go to 0. And then stocks are owned by pension plans and state debt financing -- future debt that also requires constant new input, at some point wont many governments go bankrupt?
If someone wants to model what debt will likely not be paid back due to population curves, I’m willing to pay reasonable and customary costs to publish an open model, similar to the population tool Our World In Data built and I shared in my top comment.
