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It used to be that children were the retirement plan, now that retirements are funded with pooled financial instruments that direct link has been severed. Now t
by cjbgkagh 3y ago
It used to be that children were the retirement plan, now that retirements are funded with pooled financial instruments that direct link has been severed. Now the benefit of educating children is pooled but the cost is individualized, some people are figuring that they can optimize their personal gain by minimizing their own investment in their children.
- taeric 3y agoI'd push that you could equally frame the narrative that many external entities found ways to extract profit out of neighborhoods? Easy examples are small shops that used to have much of the profit go local. Sadly, this isn't as easy as "support local bookstores." They are also value extracted, at large, by the publishing mechanisms at play. That is to say, it is easy to blame the parents for neglecting their kids. But... it is far more complicated.