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lan321 4 days ago

Not even capitalism. Every economic system has pensions and healthcare costs rising with age, coupled with a decreased productivity.

croes 4 days ago | parent [-]

You decreased productivity of the elder, as a society we are getting more and more productive. We create more and more billionaires.

Productivity isn’t our problem, distribution is.

lan321 3 days ago | parent [-]

I see these as separate issues.

On a macro scale you want to see country wide economic statistic numbers go up, regardless of who the money gets to in the end. When your population's age isn't evenly distributed it causes spikes in productivity and costs associated with the elderly which makes the metrics go down. Combined with short term politics that are not incentivized to prepare for it, but rather to play hot potato with it, it makes for interesting situations. If, in the worst case, the country is functioning paycheck to paycheck, you have every member of the workforce supporting multiple elderly and children via taxes, since their taxes were already spent on X or stolen long ago during the productivity boom.