4 ms·

There are a lot of people who don't particularly worry about economic growth, but do worry that the ponzi schemes that are called social security and pensions i

There are a lot of people who don't particularly worry about economic growth, but do worry that the ponzi schemes that are called social security and pensions in most countries will collapse.

tetris11 4y ago
How though? What is required for elderly care to work? In my mind its a problem of free housing, and having a cyclic workforce of part-time volunteers (e.g. like military service). That or robots.
- adrianN 4y ago
  Money and people are needed. Not too long ago four people paid for one pensioneer. Soon it will be 1:1.
  - tetris11 4y ago
    Paid for what though - likely, housing and care. These can both be provided for free with the right government.
    - adrianN 4y ago
      People don't work for free, regardless of government. Somebody has to pay for the people constructing and maintaining the housing and providing the care.
- abyssin 4y ago
  The issue is old people vote. If they are a majority, they’ll elect people who manage society for the short term. Of course this phenomenon of short term governance isn’t limited to the population pyramid. One of the manifestations of the phenomenon of representatives working for the old generation where I live is housing. You see old people living in big houses for free, while the younger generation only has shared housing for crazy prices as a solution. Also with mobility: this old generation won’t let go of their cars although they move around only for leisure, but the city has become too dense for car-centric mobility. The elders don’t care, as they stay at home during peak hour.
- fomine3 4y ago
  You underestimate how much workforce needed for elderly care industry. Some people need to quit job to care their parents, that become a problem. It steals workforce from other industry.
int_19h 4y ago
If they are indeed Ponzi schemes, it would be better for them to collapse sooner rather than later, since the accompanying damage is only going to increase with time.

There are a lot of people who don't particularly worry about economic growth, but do worry that the ponzi schemes that are called social security and pensions in most countries will collapse.

tetris11 4y ago

How though? What is required for elderly care to work? In my mind its a problem of free housing, and having a cyclic workforce of part-time volunteers (e.g. like military service). That or robots.

adrianN 4y ago
Money and people are needed. Not too long ago four people paid for one pensioneer. Soon it will be 1:1.
- tetris11 4y ago
  Paid for what though - likely, housing and care. These can both be provided for free with the right government.
  - adrianN 4y ago
    People don't work for free, regardless of government. Somebody has to pay for the people constructing and maintaining the housing and providing the care.
abyssin 4y ago
The issue is old people vote. If they are a majority, they’ll elect people who manage society for the short term. Of course this phenomenon of short term governance isn’t limited to the population pyramid. One of the manifestations of the phenomenon of representatives working for the old generation where I live is housing. You see old people living in big houses for free, while the younger generation only has shared housing for crazy prices as a solution. Also with mobility: this old generation won’t let go of their cars although they move around only for leisure, but the city has become too dense for car-centric mobility. The elders don’t care, as they stay at home during peak hour.
fomine3 4y ago
You underestimate how much workforce needed for elderly care industry. Some people need to quit job to care their parents, that become a problem. It steals workforce from other industry.

int_19h 4y ago

If they are indeed Ponzi schemes, it would be better for them to collapse sooner rather than later, since the accompanying damage is only going to increase with time.