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What will happen if the world's population go down?

Sunday, July 26, 2009

Lower land prices, higher labor prices, said Pete Alcorn. Surely, it will bring tremendous changes to social system: land reform, democratization and the rise of middle class. Alcorn suggest us to move beyond malthusian economy and pay attention to the tendency of population decrease.

In previous posts we have discussed a little about post-scarcity economics, which is a by-product of Molecular Manufacturing (MM). It may turn out that even without MMworld's population growth may decrease to negative within one century.

The reason for decreasing population may vary. In the past, it can happen because of wars. Now it seems unlikely. So plague -- such as virulent influenza viruses -- could be a scenario. Another scenario would be a relatively successful health and social programs which increases longevity but turned population growth into negative.

See Alcorn's talk here: