• TranscendentalEmpire@lemmy.today
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    18 days ago

    “bolstered entire industries”, i.e. has increased the value of companies at the stock market. people’s wellbeing depends on their individual economic situation. the stock market is the economic situation of the rich.

    The stock market is one representation of the productivity of a nation. The individual distribution of that productivity is negotiated via labour negotiation.

    If 200 million people produce twice as many goods as a 100 million, that just means that just as many goods are being produced per person, and that’s what matters.

    Where did you “learn” economics…? Production works on a scale, meaning that 100 million people working with the same efficiency as 200m people will never be able to be as productive.

    An old population with a low birth rate, so that the working population isn’t overburdened taking care of retirees kids, as people in the medieval ages faced, where everybody had 6 kids.

    Lol, only one of those scenarios has any evidence to support it. The reason people had a lot of kids back then is because they required labour to work the land. The kids were the working population you dolt.

    You have no fucking clue what you are talking about.