I imagine you’re not being entirely serious, but I fail to see how that is anything but yet another inventive way of kicking the can down the road so that boomers don’t have to deal with it.
So it’s honestly something I’ve been noodling about for a while, which is how to manage a soft landing from the current capitalist system given the overall trend of population decline and how capitalism as it’s currently structured can’t handle a sustained decline like we’ll eventually be looking at.
The best vision I can come up with (and this is US-centric since it’s what I know best of course) is to first expand Medicare to all, next expand SNAP/Foodstamps benefits to all, then expand the housing assistance programs to all. Somewhere in there a universal pension and later on a universal income. This would decouple working class folks’ everyday and long-term needs from the wider economy. Basically eliminate the micro-economy so that the macroeconomy can do whatever it will do without too much pain for everyday people
That makes more sense. I was thinking printing money only to pay pensions, which honestly seems like something European social democrat parties might actually do.
With the projected population decline, the inflationary effects of creating money in order to pay pensions could actually be beneficial
I imagine you’re not being entirely serious, but I fail to see how that is anything but yet another inventive way of kicking the can down the road so that boomers don’t have to deal with it.
So it’s honestly something I’ve been noodling about for a while, which is how to manage a soft landing from the current capitalist system given the overall trend of population decline and how capitalism as it’s currently structured can’t handle a sustained decline like we’ll eventually be looking at.
The best vision I can come up with (and this is US-centric since it’s what I know best of course) is to first expand Medicare to all, next expand SNAP/Foodstamps benefits to all, then expand the housing assistance programs to all. Somewhere in there a universal pension and later on a universal income. This would decouple working class folks’ everyday and long-term needs from the wider economy. Basically eliminate the micro-economy so that the macroeconomy can do whatever it will do without too much pain for everyday people
That makes more sense. I was thinking printing money only to pay pensions, which honestly seems like something European social democrat parties might actually do.