Oh, how stupid to make such a statement. The conventional wisdom is that you need growth and the only way for growth is population growth. No population growth, no economic growth, a decline is starting. China is in serious trouble because its population is ageing and not growing. India is the most promising country to be the next superpower because it has a healthy population growth. This is the economic law of growth, growth and growth. These prevailing assumptions were made at a time when there were no computers, AI, robotics and factories that operate without a single human bean working in them.
Does anyone know that growing population means growing consumption of land, food, power, water and resources, and the need to provide more and more jobs? Does anyone know that the resources in this world is finite, the resources in every country is finite? If this economic theory that growth is the only way forward, and growth means population growth, what will be the population of the earth in 50 years, 100 years and onwards, if every country just keep producing more people? What will happen to a piece of rock like Singapore with absolutely limited land and no resources and only think of growing its population?
Everyone and many countries are screaming happily, China is at the brink of collapse, a big disaster is coming. I will bet with anyone that in the next 30 years, China will keep on growing even without the population growth and growing even faster. China is likely to keep on growing and prospering for the next 100 years despite no or low population growth. Anyone want to bet that India with its growing population will overtake China in economic growth in the next 50 years?
With 1.4 billion population and growing, the demand for job creation is very serious. At 3% population growth, it will mean 42 million heads a year, or at half the demand, 21 million jobs to be created a year for the growing population. India depends on the whole world to create jobs for Indians. If India cannot export its joblessness overseas, India will implode for sure. India's population and unemployment is a burden to the whole world.
Can Singapore really continue to grow based on growing population and growing consumption, to 10m or 20m population? And if the same economic theory is the way to growth, how about 50m or 100m people in this piece of rock? Where to house them, build the Tower of Babel? Create jobs for another 5m or 10m when we are already facing retrenchment and unemployment problems?
The way to go is not population growth. This narrative is guaranteed to destroy the world, depleting all available resources to feed all the mouths, depleting all the energy, all the land....You need real productivity with lesser population, more goods and services, more land and resources for lesser people, abundance of goods and services for everyone, with the help of AI, robotics, automation, technology.... Growing population is so easy. A child will also know it without having to think. And every child will know his HDB flat is getting smaller for each generation. Hong Kong cage living is coming.
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