Question

In: Economics

Show graphically and explain why neo-Malthusians believe that economies will devolve to low growth equilibria.

Show graphically and explain why neo-Malthusians believe that economies will devolve to low growth equilibria.

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Expert Solution

Answer:-

Neo-Malthusianism is the advocacy of human population planning to ensure resources and environmental integrities for current and future human populations as well as for other species. Neo-Malthusians differ from Malthus's theories mainly in their support for the use of contraception.

This diverted the debate on population from issues of poverty and unequal access to resources, to birth control per se. In fact, the assumption was that access to commons or availability of resources would give the poor little reason to abstain from having more children. Neo- Malthusianism thereby reinforced the ideology of private property, individualism and capitalism. The neo-Malthusian position found favour with the elite sentiments on the issue of overpopulation. The elite, threatened by the growing numbers of commoners, considered birth control as an important means of checking future conflict over their property

Neo Malthusians believe: earth's resources can only support a finite population. Believes that limited resources keep population in check and reduce economic growth therefore growth should be controlled. Pressure on scarce resources leads to famine and war.

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