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by arcticbull
2187 days ago
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> Rising wages (basic supply and demand) lead to an increase in the fertility rate as people feel more financially secure to have children. That's actually the opposite of what happens. As a country develops, wages go up and fertility goes down. Check out this chart of GDP per capita vs fertility rates. [2] It's a well known and extremely strong effect. Fun and very poignant quote: In a 1974 UN population conference in Bucharest, Karan Singh, a former minister of population in India, illustrated this trend by stating "Development is the best contraceptive." [1] [1] https://en.wikipedia.org/wiki/Income_and_fertility [2] https://en.wikipedia.org/wiki/Income_and_fertility#/media/Fi... |
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for instance, wealth disparity creates economic vortexes that suck people (women particularly) into unproductive economic outputs, like finance rather than childcare, not to mention a comfortable home life is increasingly out of reach for relatively more and more people. increasing corruption and general unfairness lead people to lose faith and opt out of productive life altogether.
gdp is certainly gamed as well, and leaves out some very important productivity measures, again, like childcare and homemaking, because these are historically seen as "free".