Invest into a system for 30 years so the older generation can live comfortable lives off your investments. The same generation being in power, guts your retirement because of austerity.
The tension across generations is so large today, that I wonder if systems that establish intergenerational dependencies are ethical anymore.
Why should a generation that enjoyed cheap education, be able to pull the ladder from behind them once they're done?
Unpopular opinion, but I've wondered if in its pursuit of fairness, Democracy allows a people that are unaffected by a change to blissfully ruin things for those who are adversely affected by it.
IMO, social democracies aren't equipped to deal with an "I got mine" tendency rooted in looser associations with traditional social structures. (such as family, religion or local communities. Not preaching, I am an aethist)
It should be noted that now ~45% of the UK population enter tertiary education vs <15% a thirty years ago [1]. This shift is necessary economically and yet politically unsustainable from general taxation. The shift to a debt driven system has been driven by this.
Invest into a system for 30 years so the older generation can live comfortable lives off your investments. The same generation being in power, guts your retirement because of austerity.
The tension across generations is so large today, that I wonder if systems that establish intergenerational dependencies are ethical anymore.
Why should a generation that enjoyed cheap education, be able to pull the ladder from behind them once they're done?
Unpopular opinion, but I've wondered if in its pursuit of fairness, Democracy allows a people that are unaffected by a change to blissfully ruin things for those who are adversely affected by it.
IMO, social democracies aren't equipped to deal with an "I got mine" tendency rooted in looser associations with traditional social structures. (such as family, religion or local communities. Not preaching, I am an aethist)