namelessfly wrote:Interesting observations.
I would point out that increased population not only increases the supply of labor but also the demand for products and hence the demand for labor.
I also find your observations about resource constraints reducing the demand for labor interesting. This is why I am so hostile towards environmentalists alarmism. The AGW folk have declared that their goal is to reduce not only CO2 but reduce industrial production and population to achieve that goal. Any sane populist should oppose this.
Yeah, but their is a maximum a person is able to consume. Their are two limitations for a single person to consume:
1. The real ability to consume a product. For example, I can just eat so much in a day, even in really extrem cases a person can not eat more than like 10 000 calories a day or I have only 24hour a day, I just can watch 24h TV, or play a game or read a book. The ability to consume, to generate demand for products is limited and at least in the western civilization, for most people the limited is reached. The advertising industry tries to create more and more demand, but their is just a freaking limit. Of course you can start to waste, but even theirfor is a limit unless you go crazy with wasting things.
2. The money/wealth you can spend on your consume. For example I'm from Germany. Statisticly, every German buys a new car every two or three years. At least is was like that ten years ago. Now, after some welfare reform which increased the supply of laborers, the lower classes have shrinking income and theirfor can't buy new cars every two years. The same, when you destroy jobs in Europe or the US by outsourcing them to china to chinese people who work for a thenth of the price, the ability to consume is reduced, because people have less money.
Their are some tricks to postpone the decline of consumtion, like taking a credit, what the US and a lot of poor people in the US did, but this only works for some time and not forever, what you can see now in the US (and in Europa, like Greece).
For the Anti-Global-Warning-Folks, I think they are right. We need to reduce CO2 and also I think consum.
But in capitalism that would mean recession and a destruction of the economical system.
I think that is the problem of the AGW-Movement. They don't understand that they need to ask the system-question (its a german term, 'Die Systemfrage stellen', it means calling the entire system into question).
They think, they just can reduce some CO2 and production, but this is impossible with the current economical and political system in the US, Europe and most of the world. The Anti-Anti-Global-Warming People understand that, they don't want to change the economic system, so they fight against the AGW people.
The free-market capitalism is just 200 years old, before that their were a lot of different systems with a lot of different views and goals.
For example the medieval guilds in Europa implemented an economical and social system with the aim to have a very strong workplace security. Nobody would have to be afraid to loose his job because of competition and a surplus of supply.
No free markets, no competition and that worked most of the time very good for nearly 1000 years.
Now, I don't say that we should implement the guild-system again
but I say we can learn a lot from the past.
And we have to review the goals of our economic system and if our current system works to reach that goals.