Re:Life Is a Ponzi Scheme (2009)
by littlestymaar on Sunday November 03, 2019 @04:31PM
(#21436759)
> In every society where some people are working ("the young") and some people are not ("the old"), and everybody is consuming, the young people have to work for the old.
You are missing one big thing: productivity increasing. Since I'm born in 1988, the GDP of my country (France) doubled (adjusted for inflation), assuming GDP is not totally meaninglessness, that means that we need much less «young» to sustain the entire society with the standard of living we had in 1988 (which was a pretty decent one by all standards).
You are missing one big thing: productivity increasing. Since I'm born in 1988, the GDP of my country (France) doubled (adjusted for inflation), assuming GDP is not totally meaninglessness, that means that we need much less «young» to sustain the entire society with the standard of living we had in 1988 (which was a pretty decent one by all standards).