I respectfully disagree. From a global perspective, South Korea is leading a trend toward declining population that will perhaps save the planet in the next hundred years. There is no evidence that technological developments can even slow, let alone reverse, the accelerating destruction of the global environment. We are currently above 8 billion humans on the Earth, when its sustainable carrying capacity has been estimated to be about half that number. National GDP is not the number we should focus on. Per-capita GDP is the place to focus. A good economic system should be able to adjust to a transitionally aging population and falling total national product. Severe climate change and large-scale species die-off cannot so easily be recovered from.
I respectfully disagree. From a global perspective, South Korea is leading a trend toward declining population that will perhaps save the planet in the next hundred years. There is no evidence that technological developments can even slow, let alone reverse, the accelerating destruction of the global environment. We are currently above 8 billion humans on the Earth, when its sustainable carrying capacity has been estimated to be about half that number. National GDP is not the number we should focus on. Per-capita GDP is the place to focus. A good economic system should be able to adjust to a transitionally aging population and falling total national product. Severe climate change and large-scale species die-off cannot so easily be recovered from.