A Patron of Economic Update asks: "I have heard various politicians, from both left and right, argue that to “look after” an aging population there is a requirement for population growth. The premise of the argument being that there needs to be sufficient numbers of working age people to fund those that have retired. My assumption is that it's not possible to have continual and perpetual population growth, simply because there must come a time when our planet cannot sustain the numbers. What is your view on the argument that there needs to be population growth to fund an aging population, and do you consider my assumption to be reasonable?"
This is Professor Richard Wolff's video response.
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