Earlier quoted context omitted.
What are these European student debts you speak of, outside of the UK (which emphatically does not want to be considered part of Europe)?
In Germany the government pays your university time. You get about 800€ per month for housing and basic needs. At least if your family is not too well off. 50% of this have to be paid back, free of interest and capped at 10k€. That is not much, but keep in mind that we earn much less than Americans and have much higher taxes.
India's surprise baby bust
451–460 of 1001 posts
Re: India's surprise baby bust
#452This has happened to every single society [*] as it industrializes [0], and offering extensive support and incentives to parents (e.g. as has been tried in Scandinavian countries) does very little to reverse this trend [1, 2]. My hypothesis is that as societies industrialize, they afford their population more and more activities that are simply more fun and rewarding than having children. So many people I know put of…
I have a different pet explanation from the other replies here, and I honestly don't get why it's not talked about more. Basically, our economic reality and expectations have come into conflict with biology and human lifespan. If you want a secured dignified life and basic prerequisites to starting a family, every year that takes a little longer. And these days, almost everyone wants that dignified middle class life…
Meanwhile the narrative around having kids is that your life is over after you have them. Partying? Irresponsible parent! Round of golf? You must hate your kids. Triathlon training? Better happen before dawn. Hiking and camping trip? Absolutely not.
There is this sense in society that hedonism is something to be frowned upon, when by definition it is kind of what everyone is after at the end of the day. Pleasurable activities, how awful to engage in them, so the rhetoric goes.
I think we'd see people having kids earlier if there was more acknowledgement that a balance can be successfully struck. That you won't get CPS called if you uber home drunk. Unfortunately in a lot of ways we are still living under the shadow of the puritan society and it has created not only a mental health crisis, but a reproductive crisis.
Re: India's surprise baby bust
#453Re: India's surprise baby bust
#454Earlier quoted context omitted.
I have a different pet explanation from the other replies here, and I honestly don't get why it's not talked about more. Basically, our economic reality and expectations have come into conflict with biology and human lifespan. If you want a secured dignified life and basic prerequisites to starting a family, every year that takes a little longer. And these days, almost everyone wants that dignified middle class life…
Take an average 22-year old. Tell them they just won the lottery, and never have to worry about money ever again. Do you think they'll be interested in starting a family?
Re: India's surprise baby bust
#455Re: India's surprise baby bust
#456Earlier quoted context omitted.
This is really the message of Abundance . If you want people to have kids, you need to make sure they are economically secure by the time they are of childbearing age... which means before they are 30. To do that, you cannot have supply constrained zero-sum shortage anywhere in society. It means that the cost of an apartment needs to be at-or-below the cost to build that apartment so people can just save up and buy o…
Some mathematicians ran some numbers and diferent societies have different lowlying fruit. None of his improvements get societies to 2.1, but will theoretically move them to ~1.8. I'll find the source if people ask. 1. End toxic masculinity (machismo) in middle east and LatAM. No woman who knows how to read want to beaten or enslaved. 2. Jobs and Housing: Europe and America respectively. More three bed-room houses wo…
Re: India's surprise baby bust
#457Earlier quoted context omitted.
This is really the message of Abundance . If you want people to have kids, you need to make sure they are economically secure by the time they are of childbearing age... which means before they are 30. To do that, you cannot have supply constrained zero-sum shortage anywhere in society. It means that the cost of an apartment needs to be at-or-below the cost to build that apartment so people can just save up and buy o…
This is really the message of Abundance . I both liked Abundance and think there’s truth to what you’re saying. But it wasn’t what I took away from the book (perhaps it was in there - but what I really got was ‘for a better future we need to stop shooting ourselves in the foot, and be prepared to enthusiastically think of and promote the greater good rather than protecting every single valuable individual thing’)
What we have now is the opposite. We know that housing demand will rise in the future, simply because there will be more people. Instead of the rich investing in housing production to meet this need, we have the rich investing in existing housing because we have effectively stopped production, thus the rich can capture all that value in price appreciation from rent-seeking alone (technically more of it), instead of wasting their time operating a business that builds things.
Re: India's surprise baby bust
#458Earlier quoted context omitted.
A lot of people think they need to do this but it's really not true. You don't need to have life all figured out before you have kids. And in terms of avoiding complications and having energy, 18-25 years old is probably the best time.
In my city of Seattle you simply cannot have more than one kid in your twenties. You simply do not have the income to pay the Seattle rent / mortgages and pay daycare for more than one kid at the start of your career. Forget about going to a concert or a restaurant: there is simply no money for it. Young people in Seattle either live in studios or 1 bedroom apartments, or live with roommates, or with their parents. Y…
Re: India's surprise baby bust
#459This has happened to every single society [*] as it industrializes [0], and offering extensive support and incentives to parents (e.g. as has been tried in Scandinavian countries) does very little to reverse this trend [1, 2]. My hypothesis is that as societies industrialize, they afford their population more and more activities that are simply more fun and rewarding than having children. So many people I know put of…
I wouldn't say we're hedonistic creatures by nature. It isn't good for us to be hedonists. I would say that hedonism is simply the nature and logic of consumerism, and consumerism—and indeed, hedonism—derails healthy human virtues, tastes, and habits like a drug and deranges one's ability to reason about reality and the good.
Consumerism is intrinsically market-oriented and thus all about satisfying the desires of the market. In a hyperliberal culture that privatizes and relativizes morality and makes "freedom" from all restraint the ultimate end of human existence—full stop—that means the market is effectively god and that no desire can be wrong (in practice, this is complicated by the unfeasibility of ultimately attaining such a state of affairs).
Naturally, hedonism doesn't sit still. Once it slakes its appetite for something, like a vampire, it wants to move onto something else. Its appetite only grows. Hedonism is a death spiral of indulgence of ever increasing depravity. In an amoral environment that produces people lacking proper moral and intellectual formation (apparently moral formation is "fascist"), and without at least the guardrails provided by law rightly understood, it is an easy death spiral to enter into.
If life is seen as objectively without meaning, then all that remains is hedonism. Our age is full of nihilist thinly papered over with hedonistic distractions.
So we're nihilists. We live in a nihilistic consumerist culture. Nihilism leads to nothingness and death.
Re: India's surprise baby bust
#460This has happened to every single society [*] as it industrializes [0], and offering extensive support and incentives to parents (e.g. as has been tried in Scandinavian countries) does very little to reverse this trend [1, 2]. My hypothesis is that as societies industrialize, they afford their population more and more activities that are simply more fun and rewarding than having children. So many people I know put of…
I grew up blue collar and pitched in with my father's work from a very young age. As a child I was able to balance out the time and expense of raising me by contributing back to the household. I have children and they just cannot contribute to my white collar job. They can participate in some chores, but they are essentially a massive money pit. Daycare is more than my mortgage. Public school gets out at like 2:30. I…