It’s hilarious to me that you linked this as somehow a result of capitalism
In 2020, women got married for the first time at an average age of 29.4, or 3.9 years later than in 1985, government data shows.
As people have fewer children, they are able to spend more on each child than families have in the past. That drives up the average cost of raising a child for the broader population
I mean the whole post is silly but this part especially is just chef’s kiss as a response to the poster above.
I explained how they were symptoms of capitalism. If you can’t understand it, then maybe you need a deeper understanding of the topic. How doesn’t it make sense?
“average cost” can vary in meaning on this topic. I read it as “fewer people are buying goods necessary for children, leading to raised prices and a higher average cost of raising children”. Considering studies done on the cost of raising children, this is how I interpreted the quote. But your interpretation is also technically correct, and I won’t fault you for reading something differently than I did.
That’s the incorrect way to read this. Rather, people are spending more on their children, and people without children are seeing average cost of raising children.
Effectively, the standard of living for children is going up and people who feel they cannot hit that standard of living are (in Japan’s case especially) opting not to have them.
I assure you that poor people are still having children that survive.
It’s hilarious to me that you linked this as somehow a result of capitalism
I mean the whole post is silly but this part especially is just chef’s kiss as a response to the poster above.
I explained how they were symptoms of capitalism. If you can’t understand it, then maybe you need a deeper understanding of the topic. How doesn’t it make sense?
Having fewer children means you spend more on the fewer children, driving up average cost of raising children
We have one President indicted 91 times so on average Presidents are indicted twice because we’ve had 46 of them.
This is just how math works, and has nothing to do with any economic system
“average cost” can vary in meaning on this topic. I read it as “fewer people are buying goods necessary for children, leading to raised prices and a higher average cost of raising children”. Considering studies done on the cost of raising children, this is how I interpreted the quote. But your interpretation is also technically correct, and I won’t fault you for reading something differently than I did.
That’s the incorrect way to read this. Rather, people are spending more on their children, and people without children are seeing average cost of raising children.
Effectively, the standard of living for children is going up and people who feel they cannot hit that standard of living are (in Japan’s case especially) opting not to have them.
I assure you that poor people are still having children that survive.