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All this means is we’ve built something in the present that someone in the future doesn’t get paid for. We still have the thing we built so I’m not sure what th
by naravara 5y ago
All this means is we’ve built something in the present that someone in the future doesn’t get paid for. We still have the thing we built so I’m not sure what the problem is so long as we’re building something useful (e.g. infrastructure, public services) and not something pointless (e.g. overpriced real estate and other economic rents).
- lotsofpulp 5y agoTechnically, yes, but politically, it does not work that way. If people are sold a certain quality of life, and then they do not get it, they will fight (or vote) for direct as much of society’s resources into accomplishing that quality of life as possible. Even diverting society’s resources from quality of life that were offered generations ago when they were younger. It manifests as reduced investment in infrastructure, higher taxes, lower funding for schools (see US universities getting less money from government and raising tuition).