It’s true that this is very bad news for the moneyed class. But it can simultaneously also be bad news for normal people. A higher ratio of pensioners to tax payers will raise taxes for everyone which is a bad thing, to everyone. This is true for any economic system I can imagine. Even in an economic system without money having a high ratio of pensioners means a larger portion of working people have to be dedicated to taking care of the elderly which means less medical workers, less farmers, less social workers helping the non-pensioners etc, meaning worse living standards for the population.
Even in your preferred dream society and economic system (which I don’t know about) I can’t see an aging population being a good thing. If you have a suggestion for how it could be a good thing please enlighten me. And before you say we can just tax the rich to pay for pensions. You could also tax the rich to pay for better healthcare, which would be preferably for us non-pensioners would it not?
It’s true that this is very bad news for the moneyed class. But it can simultaneously also be bad news for normal people. A higher ratio of pensioners to tax payers will raise taxes for everyone which is a bad thing, to everyone. This is true for any economic system I can imagine. Even in an economic system without money having a high ratio of pensioners means a larger portion of working people have to be dedicated to taking care of the elderly which means less medical workers, less farmers, less social workers helping the non-pensioners etc, meaning worse living standards for the population.
Even in your preferred dream society and economic system (which I don’t know about) I can’t see an aging population being a good thing. If you have a suggestion for how it could be a good thing please enlighten me. And before you say we can just tax the rich to pay for pensions. You could also tax the rich to pay for better healthcare, which would be preferably for us non-pensioners would it not?