Paul Krugman's Big Question
Paul Krugman
Professor of Economics, Princeton; Columnist, The New York Times
Will future generations hate us?
Filed under:
Wisdom
Posted at:
09:18 AM on December 27, 2007
Paul Krugman: “Will future generations hate us?” You know if people look at this . . . Particularly on the climate change, you look at it and you say . . . I’ve seen this said – that the idea of what we were worried about in the early 21st century was what a handful of terrorists might do, or what’s the state of Brad and Angelina; when we’re in the process probably of altering the climate in ways that will be very, very detrimental to future generations. And future generations will not forgive us at the rate we’re now going.
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If we face the problems now, w'll be remembered like the generation that awaked on schedule.
A generalized question which is short-sighted as are all things general.
Our grandchildren probably won't hate us because they will be too busy scratching to survive to have much time to think about the generation that let them down.
Our grandchildren probably won't hate us because they will be too busy scratching to survive to have much time to think about the generation that let them down.
There have been thousands of generations of human beings on the earth. Most of those generations have had no real ability to change the planet or deplete its resources. No matter what they did to their peers, they left the physical planet pretty much the way they found it.
The last few generations have been different, not because we are more or less evil but because what we have done will leave the earth markedly altered and our children will need to live on the earth we leave behind.
If you look at history you will see that there have always been situations in which people have been horrible to each other. There were 1000 years ago and there are today. For the most part, once everyone who was alive at the time has died off, we do not hate a prior generation for what it did to its contemporaries. The generation 100 years from now will not hate our generation for the attack on the World Trade towers or for war in Iraq or any other current travesty.
If they hate us it will be because they have evidence about what the planet offered as a place to thrive before we did whatever we are doing to it. They will know what the planet they live on has become. If the damage can be pinned on the century you and I passed through the world, yes we may be hated for centuries.
I like how he immediately runs to climate change when he's asked this question because he is personaly responsible for carrying on the idea that the more debt we put onto our future kids, the less struggle we will need to endure now. I took a macro course based off of his text book and it is no exageration that the Keynsian/Krugman view was "why look toward the long term, worry about now and when the time comes well deal with the consequences." That is how we got into this mess, that's the advice he gave politicians and bankers and thats the advice he will continue to give.