abortion is in essance killing people and the less people contributing to the economy the less people make, and the less people spend. so far weve killed 50million unborn babyies, some people say there are to many people, whatever. but reality is there need to be at least 2.1 people born or we could become extint
Well, if you can't afford to have a kid, why would you be messing around, knowing the possible consequences?
Most people are really stupid, it's an unfortunate fact of life.
On another note, I've recently read Freakanomics where it's argued that legalized abortion actually decreases crime rates in which case it would be a very good thing for the economy, any thoughts on this?
I would be more prone to asserting that economic downturns with regard to reduced infrastructure facilitating growth is more a sign of the times in general, of which this whole issue of "unplanned pregnancies" and "abortion" is merely an incidental byproduct. See, we started talking about "unplanned pregnancies" because of the subconscious judgment that kids who are unsuitable parents end up on welfare or exploiting the system and constituting a burden upon other productive members of the community, which flies in the face of the argument that less people => less production.
So I have two general notes here, which are slightly tangential but are worth thinking about on topic:
a) Legalising abortion does not necessarily correlate to increased abortion rates in the fullest sense of the word.
b) Growth is not necessarily always good because as you're seeing now, in simple terms: growth => perception of growth => people getting way ahead of themselves => economic disillusionment and collapse => shot consumer confidence => recession.
But people will tend to think that growth is good. That they think this by principle seems to me symptomatic of a certain inherent inability to properly consider the long term consequences over short term gains.
Well from the Marxist viewpoint, the value of an item is determined by how much labor it took create it.
P.S. However nobody except art students really pays much attention to what Marx said these days. In first world countries and countries aspiring to be first world, the most dominant force that denotes value in the minds of the people is stock exchange. And this pretty much runs on the most general principle of them all (which also covers what Marx said): something is worth what you will pay for it.
How this is determined is the subject of constant debate and varies. Marx says labor but most will probably feel this is not an easily quantifiable sum.
