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The decline in fertility among the upper class in the early 20th century was used as an argument for eugenics by sterilisation of marginalised parts of the under class, and that is no joke.

I looked around for studies to quote and found Fertility trends by social status

This article discusses how fertility relates to social status with the use of a new dataset, several times larger than the ones used so far. The status-fertility relation is investigated over several centuries, across world regions and by the type of status-measure. The study reveals that as fertility declines, there is a general shift from a positive to a negative or neutral status-fertility relation. Those with high income/wealth or high occupation/social class switch from having relatively many to fewer or the same number of children as others. Education, however, depresses fertility for as long as this relation is observed (from early in the 20th century).

So no, this is not about the woes for middle class betas, this is about declining fertility across the board, starting at the top and working its way downwards.

The result in Europe (pre-crisis) being 1-1.5 children/women in most of Europe and around 2 in Scandinavia and France/Benelux, which I think suggests something more interesting then your model. With declining mortility and fertility rates came time to spend on feminism, leading to a more emancipated female role in society. Where this change also has led to society at large shouldering a large part of the costs of child-raising you have around reproductive levels, otherwise you have shrinking populations.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Wed Jun 18th, 2014 at 09:46:36 AM EST
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