B
Black_Rose
Guest
The Black Death killed humans and did not destroy significant economic capital; a nuclear war would destroy capital, render areas unfit for human habitation, and probably causes environmental changes such as releasing dust into the air altering agricultural productivity. Before the black death, available arable land limited agricultural productivity, not the available amount of labor.When a quarter of the workforce dies in a short time, that can surely lead to labor shortages and higher wages. But killing off a substantial percent of the population doesn’t strike me as a good method of economic development. If it works that well, nuclear war should do wonders for the economy. In most countries a growing population portends a growing economy, and a population in decline portends ghost towns and a shrinking economy. Without immigration Europe will find itself in a depopulation spiral; the U.S. should avoid such a fate.
A posteriori, the Black Death was a great event for those surviving the plague after a few decades. Of course, no one would advocate a plague before it happened since that would entail undesirable pain and suffering. But after the calamity, wouldn’t it be wise for the survivors to exploit the salubrious aspects of it?