3 ms·
As a young'un who probably won't live to see a pension judging by how things are going in the world, I'll take a QoL boost NOW instead of potentially maybe one
by sensanaty 2y ago
As a young'un who probably won't live to see a pension judging by how things are going in the world, I'll take a QoL boost NOW instead of potentially maybe one day when I'm 65+ and retired being able to perhaps live off of the undoubtedly meager pension I accrued over a more miserable life.
I also suspect (but have nothing to prove this, just a gut feeling) that the effect of pension funds is minuscule compared to the amount of money the elite make. It's a very convenient excuse to not do anything disruptive ever, of course, because "Think of the pensions!!"
- fragmede 2y agohttps://www.thinkingaheadinstitute.org/research-papers/global-pension-assets-study-2024/ https://www.thinkingaheadinstitute.org/research-papers/globa... says pensions control $55 trillion. you'll have to define "the elites" a bit more to have a point of comparison, but the richest billionaire has "only" $200 B. So at the very least it's not miniscule, but it depends on how you want to calculate the other side of the equation.