The Economist: ‘Global fertility has collapsed’
by Michael Cook, MercatorNet:
The world is running out of creative, innovative young people.
The Economist, an oracle for politicians, journalists, and economists everywhere, has turned bearish on the future of humanity. The theme of its latest cover story is that world is running out of people.
Exhibit A in its sombre look at the future of the world economy is a seven-minute mockumentary produced by the Italian baby food manufacturer Plasmon. It’s called “Adamo 2050 | A true story from the future”. “Adam is a special child,” says the narrator. “He’s the last child born in Italy.” The camera pans across empty maternity wards and empty classrooms.
The film exaggerates – there will still be bambini in Italy’s playgrounds in 2050 – but the problem is real. One of the country’s leading demographers, Alessandro Rosina, says in the film that Italy, with a birth rate of 1.24 (2.1 is necessary to maintain the existing level of population), is the first country in the world where there are more grandparents than children.
The Economist’s leader (editorial) declares: “in much of the world the patter of tiny feet is being drowned out by the clatter of walking sticks. The prime examples of ageing countries are no longer just Japan and Italy but also include Brazil, Mexico and Thailand.”
The focus of The Economist’s concerns is, of course, the economy. Prosperity depends on productivity. If there are fewer people, those remaining will have to be more productive and creative. But old folks tend not to be creative.