His core arguments focus on geography and demographics, both of which are “hard” problems. Declining populations simply cannot maintain the “grow at all costs” current economic order. Even an advanced country like Japan with plenty of automation and high productivity rates hasn’t see any growth in two decades since its population itself doesn’t grow anymore.
Even if you don’t go by his more alarmist arguments, you have to agree that in the face of declining populations and ageing demographics, we will have to shift to a new economic model where growth isn’t the only goal. And any large scale shift in economic models comes with some grief, at the very least.
Even if you don’t go by his more alarmist arguments, you have to agree that in the face of declining populations and ageing demographics, we will have to shift to a new economic model where growth isn’t the only goal. And any large scale shift in economic models comes with some grief, at the very least.