economy
The economy will not suffer due to stagnation of
population growth because purchasing power previously distributed unevenly among
many will be concentrated more evenly in the hands of a few. Therefore, lower
average individual purchasing power will be replaced by higher average
individual purchasing power, while the national purchasing power remains the
same.
---
Once all people do not have to work for a living, only
those who wish to become a parent or acquire a luxury will work. But who will
provide such intermittent employment? The existing industrial machinery and
business environment would not go away in a single day. They will continue to
exist, but be far more mechanized, causing human intervention to be minimal.
Therefore, a shortage of human labor would aid the economy through mechanization
and consequent improved standards of production. People who want to amass money
for luxuries or other purposes will still be in plenty and they will continue
the business and economy of today. They will find ingenious ways to amass money
and enhance the economy, just as they do today.
---
<home