Capitalists Discover the Family

Bill Frezza, a Boston columnist and venture capitalist, writes “Will Aging Childless Voters Enslave My Future Grandchildren?”:

“If demography is destiny, democracy is toast,” he writes: “. . .Now consider the fate of modern democracies as birth rates plummet. Educated, liberated 20- and 30-somethings are increasingly dodging the rigors of marriage and parenthood as they search for self-actualization, zipless hook ups, and ecological consciousness. Growing ranks of childless, single citizens are dealing themselves out of the cycle of life. This has never happened in all of human history. These people have no particular stake in the world they will one day leave behind. And yet they vote, in increasing numbers as they age.

This powerful shift in our cultural foundations is meticulously outlined in a recently released study titled “The Rise of Post Familialism: Humanity’s Future.”┬áIts many chilling charts and graphs show how country after country across the developed world is hurtling toward population implosion.

It takes a live birth rate of 2.1 children per woman to maintain a stable population. Birth rates across Southern Europe have plunged below 1.5, and are expected to drop even further as Euro Zone economies continue to contract. Hong Kong, Singapore, Taiwan, and Japan are converging on birth rates closer to 1.0, literally halving their population each generation. Even the Black Plague didn’t do that. . .”