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It's not only that life spans are longer with higher care, it's that society has also hamstrung fertility rates and removed the pyramid-shaped scheme that popul
by reducesuffering 5y ago
It's not only that life spans are longer with higher care, it's that society has also hamstrung fertility rates and removed the pyramid-shaped scheme that population levels and society have grown accustomed to supporting for centuries. We're in uncharted territory with an upside-down pyramid. Without immense automation, young labor will be priced very high and deflation will naturally occur without constant inflationary monetary intervention which has other nasty side effects. Imagine society always had 2 young people helping out 1 elderly and just within the last two generations we've flipped to needing 1 young person to help out 2 elderly. That's 4 times the burden.
- mschuster91 5y agoWe could, as a society, also get rid of bullshit jobs and provide better, meaningful education. Not to mention we could also cut down on waste (fast fashion and similar trends). Both of that will be inevitable (either due to capitalist forces aka costs or because of actual natural disasters), the key question is if politicians will act early enough to be able to influence and guide society through the transformation or if it will be a chaotic, the-strongest-survive transformation.