Japan has been grappling with its demographic statistics with a sense of urgency, particularly regarding its declining birth rate. In 2023, the country...
What? In the current system we pay retired people money based on past employment as well as just for living long enough, in most countries. Japan can no longer do that soon because without taxing their young to poverty, they just don’t have enough income to fund it.
While the alternative is everyone who is unable to wotk is killed anyway by the apathy of the system?
We are doing what you are describing already, in the system we currently live in.
What? In the current system we pay retired people money based on past employment as well as just for living long enough, in most countries. Japan can no longer do that soon because without taxing their young to poverty, they just don’t have enough income to fund it.