It just seems like we could adjust our economy to compensate for a shrinking population. The answer of paying your working population more seems so much easier trying to get people to have kids they don’t want. It would also slow the population shrink by making children more affordable, but a smaller population seems far more sustainable than an ever growing one and a shrinking one seems like it should decrease suffering with the resources being less in demand.
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The 2nd half of this video talks about this (from 10:19). Very educational. The first half talks about the population and how much it is growing or shrinking.
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