($27k/ year California plus $14k/year for public school for a total of $41k per year for ages 5-18. Then college which is even more expensive.) That’s a minimum of $800k.
That compares to $150k of full medical care for last 3 years for elderly. Before that they are self sufficient and have minimal costs.
Self sufficient? So youre saying they grow their own food and repair all their own homes?
It’s a simple problem of not enough laborers to provide all the menial everyday ressources people want/need, while a growing number of people is retired and still consumes these things. We’re technologically advanced enough that it won’t cause us to starve, but fewer people making things when the same amount of people consumes things will always lead to lower quality of life if technology doesn’t offset it by automating labor.
Capitalism is merely the cruelest system at this, since it will always fuck over the vulnerable first. Under capitalism it’s a problem for old people and everyone whose elderly parents are still alive, under a fairer system it would equally affect everyone, but to a lesser degree.
Yes. But the elderly get that money from past labor. Which does not contribute in the present. The entire system of retirement is built on the assumption that you work for more than 1 person until retirement to provide for the elderly (and well, also to provide for children) so that then, once you are retired yourself, the next generation will provide for you.
There being fewer children does feather the effects a little though.
There being fewer children does feather the effects a little though.
Neither children nor elderly work. Being that children cost more (require more labor input) than elderly, there is a surplus from having fewer children.
You think raising kids is free? The cost to raise a child including college is more expensive than end of life care for elderly.
https://nces.ed.gov/fastfacts/display.asp?id=66#%3A~%3Atext=Average+current+expenditures+per+pupil%2C–13+to+2020–21.&text=Hover%2C+click%2C+and+tap+to%2Call+figures+on+this+page.
https://www.sofi.com/learn/content/average-cost-of-raising-a-child-to-18/#%3A~%3Atext=How+Much+Does+It+Cost+to+Raise+a+Child%3F%2Cballooning+to+more+than+%24651%2C000.
($27k/ year California plus $14k/year for public school for a total of $41k per year for ages 5-18. Then college which is even more expensive.) That’s a minimum of $800k.
That compares to $150k of full medical care for last 3 years for elderly. Before that they are self sufficient and have minimal costs.
https://bmcpalliatcare.biomedcentral.com/articles/10.1186/s12904-023-01197-2
And when elderly die, they free up resources for the next generation.
Self sufficient? So youre saying they grow their own food and repair all their own homes?
It’s a simple problem of not enough laborers to provide all the menial everyday ressources people want/need, while a growing number of people is retired and still consumes these things. We’re technologically advanced enough that it won’t cause us to starve, but fewer people making things when the same amount of people consumes things will always lead to lower quality of life if technology doesn’t offset it by automating labor.
Capitalism is merely the cruelest system at this, since it will always fuck over the vulnerable first. Under capitalism it’s a problem for old people and everyone whose elderly parents are still alive, under a fairer system it would equally affect everyone, but to a lesser degree.
Money is a representation of the labor. Do children grow their own food? Do you?
Yes. But the elderly get that money from past labor. Which does not contribute in the present. The entire system of retirement is built on the assumption that you work for more than 1 person until retirement to provide for the elderly (and well, also to provide for children) so that then, once you are retired yourself, the next generation will provide for you.
There being fewer children does feather the effects a little though.
Neither children nor elderly work. Being that children cost more (require more labor input) than elderly, there is a surplus from having fewer children.