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Japan's rules around citizenship and naturalization are going to have to shift given the countries shrinking population size.
by stingrae 3y ago
Japan's rules around citizenship and naturalization are going to have to shift given the countries shrinking population size.
- User23 3y agoWhy? Shrinking population reliably leads to greater quality of life for the masses. The mass deaths of the plague catapulted the surviving Europeans into an affluent middle class. Japan has the benefit of a much more controlled population decline plus the technological sophistication to massively increase automation. Between robotics and AI they’re extremely well positioned. As things stand the next generation of Japanese are facing very pleasant lives.
- bugglebeetle 3y agoUntil you learn about how much it costs to take care of a long-lived aging population on the backs of a dwindling young one. The country will be subsumed into the Chinese sphere of influence to pay for their invested age pyramid before any such rise could occur.
- User23 3y agoThose costs will also be incomes from good high paying healthcare jobs for younger Japanese. A wealth transfer from the old to the young is eusocial. Remember that every expenditure is somebody else’s income! Japan has its own central bank and the willingness to use it. Japan also has a highly advanced, productive, and diversified economy. They will have no problem paying for it themselves. Edit: child doesn't understand the implications of Japan having its own Central Bank: "meaning that cuts or new revenue streams to support it will need to be used" is false. It's unsurprising though, because these same economic falsehoods, pervasively proclaimed, are used to present the enshittification of Western Europe and the USA as being somehow financially necessary.
- notaustinpowers 3y agoHealthcare is a highly specialized and restrictive career due to the education requirements. As 90% of the population utilizes their nationalized healthcare, the cost of healthcare on the government will only increase as they age, meaning that cuts or new revenue streams to support it will need to be used. Since many use nationalized healthcare, the wealth of the older generation does not move to the younger generation by paying for these services. There will not be a migration of wealth like you believe.
- fomine3 3y agoHealthcare service is one of the most "inefficient" labor productivity industry, and it's closed in the nation. Not good for the future.
- Moldoteck 3y agoDoesn't china has the same problem?
- bugglebeetle 3y agoYes, but Japan is ahead of the curve and will be weaker than them because of it sooner.
- resolutebat 3y agoYes, and China's problem will in fact be much worse, but it will hit several decades later.
- notaustinpowers 3y agoJapan is the "oldest" country in the world, with an average age of 48yo, while the US is 38yo. A big chunk of their population is already above retirement age, but there aren't enough younger people to fill in their spots. It's gotten to the point that many companies (which used to force retirement around age 60) are now raising it to 65. And while they use to allow those who were retired to "re-apply" for their job at reduced pay, they are now being given bonuses to continue working past retirement age to maintain steady employment numbers. The next generation of Japanese are facing very difficult lives of either 1) higher taxes in a nation with an already high cost of living, or 2) a total and complete inability to retire as they get older.
- 23d53 3y ago[dead]
- SuperNinKenDo 3y agoWhy? Because global capital demands more grist for the mill?