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The Prudent Bear: The Bear's Lair: Malthus was just 220 years early

With labor suddenly scarce, even at the modestly skilled level, the returns to labor would be greatly increased.

Yeah, when we had a world population of one billion labor was scarce and and returns to labor great.

The Prudent Bear: The Bear's Lair: Malthus was just 220 years early

The modestly skilled, both in the U.S. and in emerging markets, would be able, through mass robotization, to enjoy lifestyles of which their ancestors of today can only dream.

And then ecological footprint per capita could go on growing forever and ever.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Fri Nov 7th, 2014 at 03:27:51 AM EST
[ Parent ]
He also says
Malthus' basic prediction of human starvation and misery was based on the maximum possible agricultural output increasing at an arithmetical progression while population increased at a geometric progression.
Malthus actually predicted that this will lead to either starvation or "vice", a category that included contraception. So, rather than being wrong, he has long been proved right.
by gk (gk (gk quattro due due sette @gmail.com)) on Fri Nov 7th, 2014 at 04:17:47 AM EST
[ Parent ]
Malthus: Most unfairly remembered economist
by IM on Fri Nov 7th, 2014 at 05:35:46 AM EST
[ Parent ]
"The modestly skilled, both in the U.S. and in emerging markets, would be able, through mass robotization, to enjoy lifestyles of which their ancestors of today can only dream."

Are we discussing a Asimov novel now?

by IM on Fri Nov 7th, 2014 at 04:18:09 AM EST
[ Parent ]
They can also die of hunger.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Nov 7th, 2014 at 04:31:50 AM EST
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Robots never die of hunger. I have read all the novels! Third law!
by IM on Fri Nov 7th, 2014 at 05:02:35 AM EST
[ Parent ]
I mean the modestly skilled.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Nov 7th, 2014 at 08:48:49 AM EST
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