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by paganel
3607 days ago
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> What happened? As long as we pretend these things are too expensive to invest in, then we're sure to enter a long slow decline. I'll go on the Marxist side of things and say that "quantitative differences have turned out into qualitative ones". What I want to say is that scale matters. Regarding investment in higher-education, it was relatively ok and feasible to give Government subsidies for all the students attending university when only 1%-2% of the students finishing high-school were going to university (I think that happened up until the mid-50s, but maybe I'm wrong), but once you've got 30-50% of the students finishing high-school going to university then the money just isn't there anymore. And to add to that, it always baffled me how Malthus's name has always had such a bad reputation. The economics for handling a planet inhabited by 1.5 billion people in the late 1800s (we only reached 2 billion people in 1927) are totally different from the economics of a planet inhabited by 7+ billion people, going on 10. Our resources are finite, no matter how much we try to hide it. |
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I still don't get how Malthus's name got that bad rep in the first place. As for the difference between the late 1800s and now, it's smaller that one may think. Back then people were hitting the ceiling of Earth's capability to feed people. We got through that, and grew beyond 2 billion people, thanks to a series of scientific and technological flukes, like Haber–Bosch process[0]. We were lucky then, this doesn't imply we'll be lucky this time.
[0] - https://en.wikipedia.org/wiki/Haber_process