»The
inter-generational contract has been terminated demographically.«
– Kurt Biedenkopf, CDU [Christian Democratic Union]
Prime Minister of Saxony, 1996
People like to depict the so-called demographic
change as a bogey. What does demographic change actually mean? On the one hand,
the birth rate is falling in the wealthy countries and the younger generation
is smaller. On the other hand, life expectation is increasing and people are
getting older and older statistically.
In the old system this means that the so-called
»inter-generational contract« no longer works because fewer and fewer young
people have to provide financial support for more and more old people. Here the
emphasis lies on the word »financial«, for there is enough food for everybody.
The politicians are trying to defuse this problem by raising the retirement
age. This is a questionable approach when you think that we have unemployment
On the other hand, we cannot make the politicians reproaches as the problem
results from the system and therefore cannot be solved in the old system.
In the Natural Economy of Life old people
contribute to creation of money like all other people. In addition, they also
have the right to unconditional participation and hence an active basic income.
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