• frostbiker@lemmy.ca
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    1 year ago

    I have described a system that would have prevented the problem in the first place while still providing the actuarial benefits of pooling resources.

    I am not offering a solution for how to transition from the current system where the young pay for the old.

    What I don’t like is the hyper-neoliberal approach where each person lives in an island and resources aren’t pooled at all, because it benefits the rich at the cost of the poor.