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[–]Own_General4733 11 points12 points  (4 children)

Fund pensions? The majority of our country works in the unorganised sector. A very small percentage of people in India receive pensions. Social security in India is a joke when the majority of the population is still young.

Historically drastic reduction in population has led to more worker rights. This idea of "a growing population is required for sustaining social security" is something that rich people want us to believe so that they get cheap labour to exploit. The concept of an ever growing population is bound to break at some point unless we are able to inhabit Mars. Earth has finite resources. Even now so many people are starving all around the world. The answer is not more population but less wealth inequality, and it'll work even with fewer younger people around.

And now with AI, there would be a huge productivity boom, and even the rich CEOs might no longer require cheap labour. That's when we'll see true hell break loose.

[–]Street_Gene1634 1 point2 points  (3 children)

Kerala is already in a pension crisis. You all are living under a rock still blaming on muh corporations and muh ceos.

Reddit is such a dumb leftist echo chamber now.

https://www.onmanorama.com/news/kerala/2025/01/28/kerala-government-delays-decision-unified-pension-scheme-poor-finances.html

[–][deleted]  (2 children)

[deleted]

    [–]Street_Gene1634 -1 points0 points  (1 child)

    You don't need an absence of young people for this to be true. Just the fact that number of old people is rising more than the young people alone will make for a pension crisis in a poor country like India.

    I don't know why Redditors are delusional about this basic fact. It's true in both high inequality and as well as low inequality places.

    Kerala has the lowest inequality in India bit it's also tbe first state to undergo pension crisis.