We aren't supposed to think of children as an economic good. For one children don't pay money for their care so it's difficult for capital to exploit the relationship. Unpaid work especially done by women is valued at zero. Or seen as a sunk cost.
If we reject that than we see that it takes similar amounts of time and labor to raise children as it did a 100 years ago. Other resources have increased. Particularly raising children in an urban environment costs more than rural. And unlike rural children's labor has no value in urban environments. That totally sets up cost disease.
I've been thinking along the lines of generalized Malthusian limits it's not just malnutrition and disease that limits population growth. Toss in cost disease and you can argue for urban, capitalist industrial economies we've overshot some nebulous limit that doesn't show up in mortality statistics.
https://en.wikipedia.org/wiki/Baumol_effect
We aren't supposed to think of children as an economic good. For one children don't pay money for their care so it's difficult for capital to exploit the relationship. Unpaid work especially done by women is valued at zero. Or seen as a sunk cost.
If we reject that than we see that it takes similar amounts of time and labor to raise children as it did a 100 years ago. Other resources have increased. Particularly raising children in an urban environment costs more than rural. And unlike rural children's labor has no value in urban environments. That totally sets up cost disease.
I've been thinking along the lines of generalized Malthusian limits it's not just malnutrition and disease that limits population growth. Toss in cost disease and you can argue for urban, capitalist industrial economies we've overshot some nebulous limit that doesn't show up in mortality statistics.