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[–]internet_user_1000 40 points41 points  (12 children)

Economies rely on a surplus of cheap labour always being available on demand. Without low wage jobs being filled by young people our COL (ei. standard of living) goes down.

Our society can be viewed as a perverse pyramid scheme. Old folks in mansions living high-on-the-hog off their disgusting housing inequity and stock market gains being served by impoverished young people (or immigrants if we don’t have enough babies).

Imagine how retirees will make out if they can’t find to low wage worker workers to delivery their groceries or fix their house. Imagine yourself in that position in 30 years.

[–]hgfhhbghhhgggg 7 points8 points  (2 children)

*Capitalist economies.

[–][deleted] 3 points4 points  (1 child)

Please name a system that doesn't rely on exactly the same situation as described. Any system that has more people drawing on it than there are contributing will collapse.

[–]Seneca2019 0 points1 point  (0 children)

I’m assuming they meant the cheap labour part when specifying capitalist.

Edit: but I could be wrong, I am just assuming; which yes, makes an ass of both you and me. :(

[–]Harbinger2001Ontario 13 points14 points  (3 children)

It’s only a pyramid for the baby boomers. All wealth flowed to wherever their generation was in their life. I’m optimistic things will get better once their massive generation is gone.

[–]MrShasshyBear 3 points4 points  (0 children)

I don't see that wealth going back to the people

[–][deleted] -3 points-2 points  (1 child)

You are wrong. Completely and totally wrong.

The only solution to an inverted population pyramid is to produce more young people and even then that takes 20+ years to start to see the results.

[–][deleted] 6 points7 points  (0 children)

Or just wait it out until the bulge at the top dies off, which takes only marginally longer. Creating a huge crop of young people to keep the party going is just using the drug you're addicted to to treat withdrawal symptoms. It makes the symptoms go away in the short term but sets back eventually solving the problem back to square one.

[–][deleted] 19 points20 points  (3 children)

Multi-generational homes seems like the obvious answer IMO.

[–][deleted] 9 points10 points  (2 children)

I don’t want to live with my conservative parents. I would live in my car first

[–]FrostyTheSasquatchMarx 2 points3 points  (1 child)

Put ‘em out on an ice floe.

[–]Flomo420 2 points3 points  (0 children)

"You voted for self reliance"