Do You Think Population Is The Reason For The Socio Economic Crisis?

Let's Break The Myths About Population Theory.

Human evolution is till now tending to a way of numeric growth. The total population has crossed 80 billion. India is the most populated country right now. And China has the second largest population. These two countries hold almost 40% of the total population of the world. And this has become an essential subject of discussion that whether this immense population is responsible for the economic backdrop and natural devastation. Specialists term it as Population Theory.

To discuss this issue, we need to understand a very simple thing at the very beginning. Majority of human civilization don't only eat with their mouth, but also work with their hands. And, they eat much less than they produce.

What is the Theory of Population?

There was a flowing concept in people’s minds that what if the number of people increases too much and all the resources go out of stock! But, there was no concrete theory on it before 1798. A British economist Thomas Robert Malthus first theorised this concept in his book named An Essay on the Principle of Population. According to this theory, the limited stock of natural resources and foods may turn out to be insufficient for the sustenance of the people in near future. So, there is the necessity to maintain a balance between population growth and food supply.

What did Malthus miss?

According to Malthus, the rate of increase of food production is constant and the growth of food production is arithmetic growth. And the population growth rate is geometric growth. Now the problems are

1. Natural Food is not a limited product. It can be increased and produced numerous times. So, the growth rate is not constant.
2. Increase in the number of people means an increase in the amount of production. Food is also a product of human labour. So, the increase of people will definitely increase the amount of food production.
3. A huge amount of natural food products are still not in use and a huge amount is used only for financial benefits. There is no equi-distribution of food.
4. Natural resources are getting exploited not because of the basic needs of the people, but for the economic benefits of the corporations. There are so many recyclable natural resources, but not in mass use due to some very complex political and economic reasons.

China is suffering because of its One Child policy. They are now inspiring people to have children. India has its population growth rate 0.8% and average age of population is 28.2. It is a very healthy age and a very suitable growth rate. This huge number of young workforce can build a great economy if driven in the right direction.