Home Degrowth: The major challenges of the global demographic winter

GEAB 176

The monthly bulletin of LEAP (European Laboratory of Political Anticipation) - 15 Jun 2023

Degrowth: The major challenges of the global demographic winter

Our work in anticipation and the reflection on time that it encourages, have made us particularly sensitive to the fact that we do not all live in the same temporalities. One person’s future is another’s present or past, both in terms of our objective reality (e.g. technological) and our understanding of that reality (accurate but anachronistic analyses). And these differences give rise to countless narrative conflicts (everyone is right, but no one is talking about the same period), which can go as far as war (especially civil war).

What is certain, however, is that global dynamics are reducing the amplitude of these differences. In the 1950s, the time difference between Americans and Aboriginal Australians was abysmal. In the age of the internet, the whole of humanity is gradually learning to live at the same time. But differences remain. In this article, we want to draw attention to a major issue in the current global systemic transition that is being distorted by a misalignment of time: a demographic slowdown is underway, which is THE reason we need to change our economic paradigm. The politisation of the degrowth debate is preventing us from addressing this issue constructively, and is instead exacerbating its damaging effects. Demography is the mother of change.[1] If it increases, we need to innovate to feed more and more people, but demographic growth has created a system of economic growth that has made it possible to fund research and innovation. If it slows down, economic growth slows down, but there is less need to fund innovation to adapt. If it starts to decline, we will be entering a completely new historical territory. This is the moment we need to anticipate, rather than calling for an economic decline that is already here.

Comments

To leave a comment sign up now
Contents

The world is as big as we want it to be. Our team is dedicated to exploring the world's geopolitical balances of power and opening a window on how they [...]

Like many industries, the consumer sector is currently caught between technological advances and geopolitical, social and economic upheaval. Looking at the future of consumption is essential because, from necessities to [...]

Bank failures not anticipated by bank stress tests Recent bank failures in the US clearly raise questions about the reliability of the FED's bank stress tests. Regulated since the subprime [...]

Christophe Cesetti, who has a background in management control, currently operates as a freelancer within a cooperative, focusing on projects associated with the social economy. Disappointed by the inability of [...]

Gold-Yuan-Euro-Pound - Reserve value: Follow the central banks //  Crypto vs USA: War is declared! //  Cyber attacks: The worst is yet to come //  Towards an "Insurance Run"? //  [...]

Related articles
GEAB
15 Nov 2023

Investments, trends and recommendations (Nov)

#AI #economy #Eurozone #investments #world

Eurozone: State bankruptcies on the horizon? Stagflation, recession, rising credit costs, unemployment... the negative signals are multiplying for the eurozone economies. As the end of the year approaches, these indicators [...]

GEAB
15 Nov 2023

2030 Middle East: New Epicentre of World Trade (INSTC, IMEC, New Silk Roads…)

#governance #middle east #world

The reshaping of the world is reflected in the evolution of trade routes. Global merchandise trade is expected to reach $32.6 billion in 2030, with Asia, Africa and the Middle [...]

GEAB
15 Nov 2023

Ukraine 2025: End of the Unilateral European Union

#EU #governance #Ukraine #world

In our October issue, the GEAB team anticipated Ukraine's medium-term development: As a result, Ukraine's integration into the EU seems rather hypothetical, as it would have to be supported by [...]