Sunday, March 23, 2008

Population, the Economy and the Ruin of the World

If there is one thing all politicians, whether capitalists or communists, Republicans or Democrats, agree upon, it is that economic growth is necessary, vital, and the proper goal for all human activity. If the GDP doesn't grow by at least 2% annually it's bad news. Stagnation and recession are "evil" and central banks and economists do everything possible to stimulate the economy to avoid them.

Economic growth is the basic driving force of prosperity — providing jobs, security and an ever increasing standard of living. It is the dogma of policy makers: economic growth in itself is essential. It is vital to the health of society.

But a growing economy doesn't happen by itself. An essential partner is a growing population, which provides more consumers and more workers to purchase and produce the material goods we crave. Thus, a growing economy and a growing population are inextricably tied to each other. They are like two oxen yoked to the same cart, pulling, heaving together.

Economic growth just continues and continues. We have no control. Politicians do not want to slow it. The economy is the god our society worships.

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