Sunday, August 2, 2015

Low birth rate is best way to save the biosphere, but capitalism needs growth

Here is the admission. Capitalism must grow or die. This means that degrowth needs another system.

DW.COM: "We estimate by today's standard, that by the year 2018 the economic development will decrease by 0.56 every year provided the fertility remains at a similar level. In only 10 years time, Taiwan will be a super-ageing society. One fifth of the population will be elderly, above 65 years of age. Our pension and health care systems will be in danger because we cannot support such a big elderly population without young people entering the labor market. It will be a big problem for our society."

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