What would you call that behavior if it was a man who inherited a large sum of money and then spent it without trying to preserve it in any fashion with the expectation that he would hit the lottery thus giving him more capital to waste. This is what betting on Science you don't have yet is doing. You are betting that you will get what you need when you need it.
Dark567 wrote:Your right but it's lack of wealth. But its not like we could fix the massive inequalities between countries by simple redistribution. We need a massive increase in production for that to happen, the kind we are currently seeing in China and India.
Would you care to speculate on where the resources to support this expansion will com from?
JudeMorrigan wrote:morriswalters wrote:Certainly developed nations birthrates have dropped, but China's and India's haven't yet.
Erm, could I get a citation on that? If you go here:
and check the fertility rate of China and India, it shows them both decreasing. China's is well under 2.0 at this point, although that presumably is heavily influenced by their One Child policy.
I should have said population, I stand corrected. Population is not a thing where you just throw on the breaks and then it stops. China's population is expected to increase until sometime around 2030 according to this. The last projection for India is to increase to 2050 according to this.