For most of history, care for the elders was a family responsibility first and a local community one second.
Only for a short period were western population growing so fast relative to small number of retirees that transferring that responsibility to government was a no brainer.
With diminishing demographics anywhere except maybe Africa, we'll need to be more creative once again. Raising retirement age is just one of many hard but inevitable policies.
Only for a short period were western population growing so fast relative to small number of retirees that transferring that responsibility to government was a no brainer.
With diminishing demographics anywhere except maybe Africa, we'll need to be more creative once again. Raising retirement age is just one of many hard but inevitable policies.