> The most immediate answer is that it makes a European-style system of social insurance for older people difficult when the ratio of working people to retirees decreases.
Yes, but that system is unsustainable -- it requires constant growth, something the finite-sized earth cannot tolerate. It would be like nature creating a strategy that, to survive, requires the parent organism to have cancer.
The problem is that, instead of accepting and creating sustainable methods, we accommodate unsustainable growth rates by creating unsustainable social institutions.
Modern social institutions are a large-scale Ponzi scheme, a fraud that cannot go on forever.
Yes, but that system is unsustainable -- it requires constant growth, something the finite-sized earth cannot tolerate. It would be like nature creating a strategy that, to survive, requires the parent organism to have cancer.
The problem is that, instead of accepting and creating sustainable methods, we accommodate unsustainable growth rates by creating unsustainable social institutions.
Modern social institutions are a large-scale Ponzi scheme, a fraud that cannot go on forever.