19 Comments
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JonF311's avatar

I don't see the Boomers as our "iconic generation". At this point they are fading from the scene-- they are becoming has-beens.

Fame skipped my generation (the Xers). Today it's Millennials whose star is rising.

Daddio's avatar

Tell that to Elon Musk, Joe Rogan, etc... but I agree that we Xers are under-represented.

Pulliam, Russ's avatar

Thanks for this wisdom, Aaron. Very well done.

jabster's avatar

Sounds very Strauss and Howe/Fourth Turning.

Nathan James's avatar

Maybe change the Institutions table to read "national interest?" instead of "isolationism?" It's more descriptive of the reality you're pointing to.

Naomi Smith's avatar

This was such a great article. Thank you! If I may, I would like to boldly offer a resource that I think might be very helpful in this conversation. Written by worldview speaker and author, Darrow Miller, this book offers perspective and wisdom from the past with strategy for the forming of the future. You, Mr Renn, are actually referenced in this book in chapter 3. http://occupytillicomebook.com

William Abbott's avatar

Childless chumps. We are sitting at the top of a roller-coaster big hill called, "Doom's Steep Decline." A declining population is doomed. Rural Japan is a ruin. The modern rural population has declined from 35% to 8%. The median age in rural Japan is >60. They will give you a house and some land if you will move out there. Schools, hospitals, transport- they are all disappearing. Japan has the oldest mean population in the world at ~49. It will plateau around 58. The TFR (birth rate) is at 1.22 - in fifty or sixty years, Japan will lose half its population.

The US is at a TFR of 1.6. Canada is at 1.25. The whole world is basically averaged out at 2.1 -ZPG has arrived ahead of schedule. South Korea is at 0.68, China is at 1.0 - that's one child per family, yes siree. Eu =~1.3. The transition has begun, all right. But the promise is - even dead cats bounce if they fall far enough. The transition looks like a depopulation bomb. And Renn looks like a chump ignoring the horrific demographics that are descending on our childless future.

JonF311's avatar

"Trees do not grow up to the sky".

No trend endures indefinitely other than basic physical processes based on physical constants.

William Abbott's avatar

Yeah. Sure. The TRF could get a lot worse, just like it has for at least the last forty years. What do you see reversing the disastrous global trend downward? Why are women going to choose to have more children?

JonF311's avatar

When circumstances are radically different from today, so that the "return" of having children is positive again as it was for most of history.

William Abbott's avatar

What will create circumstances radically different "for women" that they will want to bear more children? Honest question.

noneyo's avatar

You neglected one major factor: DEBT

And the root of that problem: SPENDING

How those two are resolved will determine how much of your white space fills in.

noneyo's avatar

The continuance and worsening of the K-shaped present is one possibility if the current course of deflating the debt through dollar debasement continues: those with assets are further enriched while those with savings/bonds and reliant on current income/pensions are further impoverished and trapped.

Daddio's avatar

If this is true (which I believe it is and has been for decades), then why not invest in assets instead of complaining about the way things are?

noneyo's avatar

Those who can, do (or should). But that K is not sustainable, especially if it extends for decades. It only ends in collapse or revolution.

JonF311's avatar

Historically the only way any society has ever rebalanced its inequality has involved war, plague or some other highly lethal disaster.

noneyo's avatar

You're repeating me.

Rev. Dr. David H. Benke's avatar

This is extraordinarily insightful. As a boomer religious leader, I find it strangely comforting to "see" what's happening so well-charted through various systems and structures. Faith, being the substance of things hoped for and the evidence of things not seen, allows folks like me to live imaginatively in liminal space. I need to communicate that each and every Sunday to both the faithful and the doubtful.