Friday, September 1, 2023

Forward Thinking (2023)

Book Review from the September 2023 issue of the Socialist Standard

The World in 2050: How to Think About the Future. By Hamish McRae. Bloomsbury £12.99.

In 1996 McRae published The World in 2020, in which he referred to the likelihood of Brexit. Now he has again looked a generation ahead, to examine what the future might hold. Of course he accepts the continuation of capitalism, with competing countries and political conflicts, but he has some interesting points to make about environmental issues, demographic changes and the impact of technology.

The global population is ageing, with people living longer and birth rates falling (the latter quite drastically so in Japan and South Korea, but less markedly in much of Europe). Younger workers are apparently more productive than older ones, but seven retirees for every ten people employed (as may happen in Japan by 2045) will put a strain on healthcare and so on. For instance, the Health Foundation recently claimed that by 2040 one person in five in England (nine million people) will be living with a serious illness. Other parts of the world are different, though, with India and Africa having youthful populations. By 2100 Africa may have 40 per cent of the global population: ‘It will be young; most of the rest of the world will be old’. Nigeria may well have a population of 400 million (at present 224 million). The Anglosphere, as a ‘community’ of English speakers, is likely to be very powerful.

By 2050 the world will be able to feed a projected ten billion people, but water shortages may well be a major problem, at least in some places. Flooding of coastal areas will become increasingly likely, while some cities will run short of water, and two-thirds of people will probably live in cities. China will be short of water, arable land and sources of energy. Indonesia is at particular risk from climate change, with rising waters a real problem. Australia will have to cope with a warmer and drier climate. Global warming may well lead to large-scale migration, well beyond what currently takes place.

The last fifty years have seen little improvement for most people in ‘developed’ countries: ‘Median earnings in the US have barely risen in real terms since the 1970s, while in Europe the picture is more varied, but certainly since 2007 they have at best been flat.’ Workers’ share of GDP has been falling since the 1960s. By 2050 there will supposedly be a ‘middle-class world’, which presumably means that at least two-thirds of the population will be comfortably off, though not much justification is given for this view. Productivity has been increasing over the decades, but it is easier to achieve this in manufacturing than in services, which is where consumption may become concentrated. The absence of any discussion here of degrowth is a major shortcoming, though.

But the world in 2050 might be very different, without rival countries or trade or inequality. That would be a much better situation to combat climate change and water shortages.
Paul Bennett

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