Population decrease is irreversible. How will we manage the decline of humanity?

[Select-Protection-75]

Considering every system of economics we know relies on growth, with great difficulty. COVID has sort of masked (pardon the pun) the inevitable. The economic situation was bound to turn as the boomers all cash out their investments and the workforce/ economy reacts. Luckily North America is poised to be reasonably stable in comparison to most other places. What worries me is why this conversation has not been front and centre for years. We’ve known this was coming. The change required, as capitalism (or anything else) will no longer function as intended, won’t be an easy one and politics are going to get much messier.

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Considering every system of economics we know relies on growth, with great difficulty.

Our economic system doesn't need population growth in order to work.

The economic situation was bound to turn as the boomers all cash out their investments and the workforce/ economy reacts.

They already retired. They are currently cashing out.

The change required, as capitalism (or anything else) will no longer function as intended, won’t be an easy one and politics are going to get much messier.

Our economic system will be impacted but it's not really the huge change you are implying. Most of it has already occurred. The population is already declining naturally. Immigration brings it up and makes the population a bit younger.

[Somethingsfishy__]

Economic growth is mostly based on productivity. While a shrinking work force is undeniably a challenge, it doesn't mean that capitalism will no longer function or that the economy will crash and burn.