View Single Post
Old 11-02-2003, 07:00 AM   #3
wellard
Dracolisk
 

Join Date: November 1, 2002
Location: Australia ..... G\'day!
Posts: 6,123
OK simple economics for simple people (ME!)

Larger workforce helps keep down inflation. Anything under 4 to 5% unemployment and the fight to attract quality workers pushes up wages and conditions. Basic supply and demand

Larger population = larger market. It is the easy solution to the annual growth that our capitalist society feeds upon.

Even in western European countries where the RATE of population increase is slowing and largely fuelled by immagration, it is still enough to provide the market economy’s oxygen of growth. What I have yet to see is how capitalism can thrive in a shrinking market place over a long period of time.
__________________


fossils - natures way of laughing at creationists for over 3 billion years
wellard is offline