• 5 Posts
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Joined 2 years ago
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Cake day: January 12th, 2024

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  • I understand your position and i think that you say a respectable thought. I like the way you think but i think you’re still wrong. Let me explain:

    The labor market is the mechanism through which wages are determined. Human labor is bought and sold on the labor market; that means there is supply and demand. Supply comes from workers who are willing to work, while demand comes from companies who seek to employ people.

    Now, as is always the case on any market that is regulated by supply and demand, if there’s a higher supply, prices go down; while if there’s higher demand, prices go up. Prices in the context of the labor market are the price that is paid for an hour of human labor, i.e. the hourly wage.

    Now, companies don’t have a constant demand for human labor at all. In fact, how much demand companies have for human labor depends largely on how much the company intends to grow. Imagine it like a house: Building a single house might take thousands of days of human labor (i.e. 8 employees for 120 days) for a single-family brick-built home, but maintaining that house takes significantly less labor (it was traditionally done by a single house-wife, and nowadays it’s done in the spare after-work hours). So, growth requires intense labor input, while maintenance does NOT.

    The same is true for the economy. As long as the economy grows, it requires a lot of human labor input. You have to remember that the Great Fire of London happened in 1666, and that is the starting point for large, stone-built cities in the modern age (before that most houses were built out of wood). Also since roughly that time (1800) we have the industrial revolution which has created steam engines, cars, and basically every commodity that we have today. Building all of that up from scratch required a lot of human labor input, and that is why there was such a large demand for human labor. But today, we have all these commodities and companies already built up, and maintaining them requires rather little work, which is why the demand for human labor is declining. That is a natural development and not a human-chosen development. Growth comes to an end (see also the 1970s study The Limits to Growth that discusses that) because planetary boundaries are reached, and either we find new planets to settle or we won’t have growth; but without growth we will have less demand for human labor, and that means lower wages. And that’s what we’re already observing for the last 25 years: wages have continuously declined.

    I don’t think that wages could go up again; unless you move to mars and start developing the planet all over again. That’s why UBI is necessary; because people still need resources to live.


  • there is a difference between natural scarcity and artificial scarcity.

    Natural scarcity is one that is simply there for natural circumstances. Such as, your population grows, and now suddenly you have 7 kids to feed, so you have to work harder to farm enough food. That’s natural scarcity and everybody understands that you have to work to live through it. Another example would be natural disasters, or maybe if you develop a new technology and now you want to build a factory to produce a new type of product. You have to invest a lot of hard work to build that new factory, and everybody understands that. People are generally fine with that, and pull through with it.

    Artificial scarcity is one that is purely man-made, for no underlying natural reason. Examples are when the rich siphon all the wealth away from society and people don’t have enough resources to live anymore. We live in a time with enormous productive capabilities, but those don’t reach the people because somebody mindlessly steals them. People are told to work 60+ hours/week, and that’s not because of some natural circumstances but because rent is made so expensive by nonsensical policies and greedy landlords that your wage doesn’t pay for it anymore. That’s artificial scarcity and people are not ok with it; in fact it makes them very angry.

    That is why you have to distinguish between natural scarcity and artificial scarcity. People are largely ok with natural scarcity but NOT with artificial scarcity; and in fact artificial scarcity should be held small at all times; i believe.


  • Basically, a shrinking population is good for the people, because there’s fewer people among which to divide the resources that the land can provide, so on average that should mean more resources for people, in other words a lower cost of living (since cost of living depends on resource availability). And it also means that there’s less supply of human labor on the labor market, and by the rule of Supply and demand that means that the prices for human labor (wages) are gonna go up, i.e. people are gonna get paid better for what they do.

    That intuitively makes sense, because if your country has 10 million people instead of 100 million, then your CEOs and companies are better gonna treat your workers better or they’re gonna strike, and since there’s fewer other people to replace those workers, their strike would have greater impact and therefore more power.

    on top of that, you can’t just assume that there will be a high demand of human labor in the future. You have to assume that automation is going to reduce jobs, so if you don’t also reduce the number of workers, you’re gonna face an unemployment crisis, and that can be very bad for the workers.




  • It might be possible to have a society that could survive less-than-replacement birth rates, but I don’t see how.

    I want to add that historically, in the US from 1680 to 1880, the population has grown by approximately 3% annually. Source

    (In the table, since the growth rate given is per 10-year interval, you have to divide it by 10, roughly, to get 3% annual growth)

    This suggests that it should be possible (at least in theory) that the population can shrink at the same speed, i.e. 3% annually. This would mean an average fertility rate around 0.66 children/woman. Currently, in most western nations, it’s around 1.4, while 2.1 would be “replacement levels”, i.e where the population numbers stagnate.

    The reason why i think you can have a 3% annual population decline is because it’s kinda symmetric: instead of a surplus in children (which eat and consume resources but don’t contribute through their labor power), you have a surplus of old people (which, mostly, also consume resources but don’t work). So, the situation is kinda symmetric, and that’s why i suggest that it should be possible.