In Australia, we retire at 67 years now if you are healthy that's OK. I'm 81 my husband is 83, and we live in our own home you wouldn't see me in a nursing home ever, some places treat the old people as if they are nothing, in the past year 3000 Nursing home people have lost their lives with Covid all around Australia, some abuse goes on too. I feel great in my own home I can do what I like, and enjoy life the way I want. Do you blame young people for not wanting children with wars, the weather and the wages are low and people in Australia lost homes from floods and fire some are still living in tents and we could have more floods soon and maybe fires in the summer, we lost so much of our wildlife. Yes, I look on the bright side it's up to the young people to fight for a better life. I did it with my children a doctor, a Nurse my son has a good job all got a good education. We old people are living too long. How in the world can you keep paying our Pensions when fewer young people in the future. Every Country in the World is suffering from Covid, the weather the list can go on and on. I like the way the Chinese Government and the people respect their old people. In Australia they make us feel we are a burden.
The decrease of birthrate, and, the aging population as a result of it, is a natural process which occurs when a developing country moves up in the value chain and becomes a developed one. Still, you should do your best to slow down this process by putting some safety checks in place as to minimize its prominence and soften its impact. A good example of that would be to encourage the young families to have children by giving them some form of incentive like affordable housing, adequate maternity leave and/or child support.
I always had this hypothetical question, 'If China had not implemented its one child policy back in 1980 and if Chinese couples were allowed to have as many kids as they want, then with a projected population of 2 billion Chinese, would China's per capita GDP would have been as good as today's China? And if China had not implemented one child policy then, would they not have faced this aging society pressure now? Any demographers and social economists to answer these above scenarios situations?
Per Capita GDP in most cases isn't accurate way of defining wealth. Since in most societies wealth is in hands of few people. The difference between south Korea, Japan, Singapore vs china is that the three first are already having higher per Capita GDP above 35000 USD. While china is barely 12500usd. Yet it's fertility rate is 1.3 roughly comparable to that of Japan . One can't ignore the impact of one child policy. I think china could have ended it's one child policy earlier like Maybe in the year 1995 or 2000 with implementation of 2-3 child . It will be pointless to cry over spilled water, there is no easier way forward it doesn't mean there is no way forward. The issue is not population per sec but the quality and nature of demographic of population. Consumption is part of domestic economy Robot are not consumers they don't buy closes ,pay for movie ticket or pay to go to tourist destination for happiness having lesser young people who are mostly consumer will be an issue. Also if the issue is labor force then other countries too will have robots to do most of their works and china isn't exception. Why we Korean/american import from china while our robot can manufacturer it here at home.
i think the West has been brutal in their approach to solve the pension deficit problem. For the actuaries it's just a calculation, increase the retirement age - as simple as that. Are people able to work up to this age, specially if they were doing physical work, has not been properly analyse? i think that retirement age should vary across professions. Teachers might be willing to work for additional years but may have to retire while a blue collar workers might want to retire early but have to wait for the legal age of retirement. This is not a complete solution but can help.
Isn't this a question of what economic system you are choosing? Capitalism sees the elderly as a "burden" because they can no longer create surplus value. This is an inhumane system that is condemning the older people as somehow being "parasites". You must have a revolution in the ownership of production where the productive tools of society are redirected from capital gain to serving humanistic purposes. Only then you give mankind true freedom and liberate them from the monotony of economic reproduction.
China,My Beautiful Country, Focus on not just producing World Class Academicians but also World Class Athletes...Even that is respected worldwide...America has outperformed so many nations in sports too...It participate in 32 editions of SummerOlympics with a cumulative total of 2900 medals and China participated in only 12 summer editions and has a total of 652 medals...If China participate the same no. of editions then its total assuming an average of 80 medals would total 2400 medals...Behind the US which we could have overtaken them in the next 15 yrs..But As things stand today, That isnt a reality..We know that very well..But what we can do is to Send 500 strongmen and to defeat US in Both Gold totals and Overall total medals numbering abovr 100 for the first time ..Train them even harder for the Summer Olympics of 2024..This is a very very very SPECIAL YEAR for us as Chinese...The year of The DRAGON. and our 75th National Foundation Day....I caanot wait for us to get our domestically done Aviation CJ series engined and flight control ....Semiconductor brekthroughs...And Outer Space New Missions....Goal shouldnt only be limited to making technologies for Outer Space but the research papers for the world to know what actually is there in Space and beyond ..What is the depth of this Universe and why did we came to be and is this all random...So much if work cut out for Physicists in China ..Even if they die due to overwork...Let them die...They contributions will forever be ingrained in the hearts and minds of all Chinese as well as the World Community.....China must only move forward in Time...Last time They Colonized us ..Never stop what Den Xiaoping wanted China to become.e..The strongest power in World History....We are descendars of the Dragons .A Mythical and Mystical creature capable of projecting power in any form and manner.....We will rise...Chinas resurrgence is imminent...And our fall will never be seen for hundreds of years....Do whatever u got.....Make it your Ultimate Aim...Our Destiny...To Become The Number 1.
The delay in retirement may work good or otherwise. One of the reasons to increase retirement age is the considertion of pension fund that may not sustain due to longer ttlife span. Since the aging people had contributiont to national prosperity, the gov't should allocate budget to the fund. This is one way of paying tribute the the generation that had contributed to society. Their contribution, while at work, may be small due to low wages in those days and the miscalculation by actuarian and inflation are no fault ese retirees. I believe it right for t
An example of worker alienation by Karl Marx A patient in a nursing home (who is retired for being a good CNA and taking good care of patients their whole life themselves) gets abused.
China alway's bring's important human issues in focus. Discussing and finding best solutions. There should be all kind's of options, so the elderly will have different options, to avail according to their preference. The cost should'nt be too high. Gardening is a good activity for the elderly, they should be encouraged to farm vegetables and fruit. So maybe there could be farms for them to work on in groups,so it's not too tiring.
So these astonishing panelists think that people do not metamorphose from wise leaders to totally incompetent seniles exactly at 65 or whatever. That is news to the societies I live in. Forget about chinese style respect for the elderly, Not taking me for a total idiot in their manipulation efforts would be an improvement. In the North American society I live in and its spiritual extensions in the western world, the whole discussion concentrates on making money by serving seniles. In the presentation we see people doing physical exercises. Exercising the mind is even more important and much more neglected. Contributing to society is a necessary antidepressant. Pursuing individual happiness implies a selfish attitude in the family, at work and in society. The absolute dictatorship at work where only shareholders have some say in the company policies and forget the employees or the society, trains us to abdicate from any responsibility towards society. The mentality that your loss is my gain divides the younger from the older. However older people do not fear losing their monopoly at work or expect promotions, so they are more eager to pass the knowledge. And they can afford to be objective. Yes computers revolutionized the techniques but much less the principles of nature, of the machines or the humans. My German teacher was 82 years old and did an excellent job. I practiced french with a 95 year old lady who sometimes forgot my name, but when I read to her that Kennedy went against the military-industrial complex, she told me that he would be assassinated. When it happened she told me that we will never find who is behind it. She also told me that China will be the superpower. All with a solid reasoning. She gave me a lot of life orientation and evaluation advice. It took me 50 years to realize the importance. They seemed significant and strange enough then, so I kept them in my memory. I am very worried about the people that become disillusioned and stop reacting at 20 years or even at 10. My generation did not do enough so we have to live with that.
People who want to keep working and who have the capacity to safely do so should be allowed to do so, but I think it's a mistake to push the retirement age back. People are supposed to benefit from medical and technological advances. Folks who have given forty years of labor to society should be able to relax in their final years-hopefully decades-if that's what they want to do. I don't think there is a real shortage of labor that can't be filled by technology and definitely nothing that can't be filled by immigrants looking for a better life. It may be that as industries automate that more of their new found profits will have to be diverted from stock portfolios into state administered pensions. Tragic as that may be for the current leisure class, it would probably make life much more tolerable for those elders that actually contributed to society and their supporting children and grandchildren.
In Australia, we retire at 67 years now if you are healthy that's OK. I'm 81 my husband is 83, and we live in our own home you wouldn't see me in a nursing home ever, some places treat the old people as if they are nothing, in the past year 3000 Nursing home people have lost their lives with Covid all around Australia, some abuse goes on too. I feel great in my own home I can do what I like, and enjoy life the way I want. Do you blame young people for not wanting children with wars, the weather and the wages are low and people in Australia lost homes from floods and fire some are still living in tents and we could have more floods soon and maybe fires in the summer, we lost so much of our wildlife. Yes, I look on the bright side it's up to the young people to fight for a better life. I did it with my children a doctor, a Nurse my son has a good job all got a good education. We old people are living too long. How in the world can you keep paying our Pensions when fewer young people in the future. Every Country in the World is suffering from Covid, the weather the list can go on and on. I like the way the Chinese Government and the people respect their old people. In Australia they make us feel we are a burden.
Eish you both a happy and peaceful retired life!!!!!
The decrease of birthrate, and, the aging population as a result of it, is a natural process which occurs when a developing country moves up in the value chain and becomes a developed one. Still, you should do your best to slow down this process by putting some safety checks in place as to minimize its prominence and soften its impact. A good example of that would be to encourage the young families to have children by giving them some form of incentive like affordable housing, adequate maternity leave and/or child support.
LYING FLAT ... 😆😆😆
👌 If "living" on this planet was pleasant (enjoyable), there wouldn't need be any 'incentive' for it.
Good Discussion.
Time to invest heavily in automation and productivity!!!!
All societies would face this sooner if not later. Time this bedeveloped into a teachable science for world consultancy!!!!
Curious if the footage of the Japanese Elderly Care Facility is better than the best in the USA which 99% would not even enjoy here
I always had this hypothetical question, 'If China had not implemented its one child policy back in 1980 and if Chinese couples were allowed to have as many kids as they want, then with a projected population of 2 billion Chinese, would China's per capita GDP would have been as good as today's China?
And if China had not implemented one child policy then, would they not have faced this aging society pressure now?
Any demographers and social economists to answer these above scenarios situations?
Per Capita GDP in most cases isn't accurate way of defining wealth. Since in most societies wealth is in hands of few people.
The difference between south Korea, Japan, Singapore vs china is that the three first are already having higher per Capita GDP above 35000 USD. While china is barely 12500usd. Yet it's fertility rate is 1.3 roughly comparable to that of Japan . One can't ignore the impact of one child policy. I think china could have ended it's one child policy earlier like Maybe in the year 1995 or 2000 with implementation of 2-3 child . It will be pointless to cry over spilled water, there is no easier way forward it doesn't mean there is no way forward. The issue is not population per sec but the quality and nature of demographic of population. Consumption is part of domestic economy Robot are not consumers they don't buy closes ,pay for movie ticket or pay to go to tourist destination for happiness having lesser young people who are mostly consumer will be an issue. Also if the issue is labor force then other countries too will have robots to do most of their works and china isn't exception. Why we Korean/american import from china while our robot can manufacturer it here at home.
What are infrastructure adjustments for elderly people?
Death box
i think the West has been brutal in their approach to solve the pension deficit problem. For the actuaries it's just a calculation, increase the retirement age - as simple as that. Are people able to work up to this age, specially if they were doing physical work, has not been properly analyse? i think that retirement age should vary across professions. Teachers might be willing to work for additional years but may have to retire while a blue collar workers might want to retire early but have to wait for the legal age of retirement. This is not a complete solution but can help.
Isn't this a question of what economic system you are choosing? Capitalism sees the elderly as a "burden" because they can no longer create surplus value. This is an inhumane system that is condemning the older people as somehow being "parasites". You must have a revolution in the ownership of production where the productive tools of society are redirected from capital gain to serving humanistic purposes. Only then you give mankind true freedom and liberate them from the monotony of economic reproduction.
I think Japan is going robotic.
USA did not need to raise the retirement age much but it did
it accomplished more with inflation much more
China,My Beautiful Country, Focus on not just producing World Class Academicians but also World Class Athletes...Even that is respected worldwide...America has outperformed so many nations in sports too...It participate in 32 editions of SummerOlympics with a cumulative total of 2900 medals and China participated in only 12 summer editions and has a total of 652 medals...If China participate the same no. of editions then its total assuming an average of 80 medals would total 2400 medals...Behind the US which we could have overtaken them in the next 15 yrs..But As things stand today, That isnt a reality..We know that very well..But what we can do is to Send 500 strongmen and to defeat US in Both Gold totals and Overall total medals numbering abovr 100 for the first time ..Train them even harder for the Summer Olympics of 2024..This is a very very very SPECIAL YEAR for us as Chinese...The year of The DRAGON. and our 75th National Foundation Day....I caanot wait for us to get our domestically done Aviation CJ series engined and flight control ....Semiconductor brekthroughs...And Outer Space New Missions....Goal shouldnt only be limited to making technologies for Outer Space but the research papers for the world to know what actually is there in Space and beyond ..What is the depth of this Universe and why did we came to be and is this all random...So much if work cut out for Physicists in China ..Even if they die due to overwork...Let them die...They contributions will forever be ingrained in the hearts and minds of all Chinese as well as the World Community.....China must only move forward in Time...Last time They Colonized us ..Never stop what Den Xiaoping wanted China to become.e..The strongest power in World History....We are descendars of the Dragons .A Mythical and Mystical creature capable of projecting power in any form and manner.....We will rise...Chinas resurrgence is imminent...And our fall will never be seen for hundreds of years....Do whatever u got.....Make it your Ultimate Aim...Our Destiny...To Become The Number 1.
The delay in retirement may work good or otherwise. One of the reasons to increase retirement age is the considertion of pension fund that may not sustain due to longer ttlife span. Since the aging people had contributiont to national prosperity, the gov't should allocate budget to the fund. This is one way of paying tribute the the generation that had contributed to society. Their contribution, while at work, may be small due to low wages in those days and the miscalculation by actuarian and inflation are no fault ese retirees. I believe it right for t
An example of worker alienation by Karl Marx
A patient in a nursing home (who is retired for being a good CNA and taking good care of patients their whole life themselves) gets abused.
I would love to talk to older Chinese people about their amazing Communist history; the revolution, reform everything.
China alway's bring's important human issues in focus. Discussing and finding best solutions. There should be all kind's of options, so the elderly will have different options, to avail according to their preference. The cost should'nt be too high. Gardening is a good activity for the elderly, they should be encouraged to farm vegetables and fruit. So maybe there could be farms for them to work on in groups,so it's not too tiring.
So these astonishing panelists think that people do not metamorphose from wise leaders to totally incompetent seniles exactly at 65 or whatever. That is news to the societies I live in. Forget about chinese style respect for the elderly, Not taking me for a total idiot in their manipulation efforts would be an improvement.
In the North American society I live in and its spiritual extensions in the western world, the whole discussion concentrates on making money by serving seniles. In the presentation we see people doing physical exercises. Exercising the mind is even more important and much more neglected. Contributing to society is a necessary antidepressant. Pursuing individual happiness implies a selfish attitude in the family, at work and in society. The absolute dictatorship at work where only shareholders have some say in the company policies and forget the employees or the society, trains us to abdicate from any responsibility towards society.
The mentality that your loss is my gain divides the younger from the older. However older people do not fear losing their monopoly at work or expect promotions, so they are more eager to pass the knowledge. And they can afford to be objective. Yes computers revolutionized the techniques but much less the principles of nature, of the machines or the humans.
My German teacher was 82 years old and did an excellent job. I practiced french with a 95 year old lady who sometimes forgot my name, but when I read to her that Kennedy went against the military-industrial complex, she told me that he would be assassinated. When it happened she told me that we will never find who is behind it. She also told me that China will be the superpower. All with a solid reasoning.
She gave me a lot of life orientation and evaluation advice. It took me 50 years to realize the importance. They seemed significant and strange enough then, so I kept them in my memory.
I am very worried about the people that become disillusioned and stop reacting at 20 years or even at 10. My generation did not do enough so we have to live with that.
People who want to keep working and who have the capacity to safely do so should be allowed to do so, but I think it's a mistake to push the retirement age back. People are supposed to benefit from medical and technological advances. Folks who have given forty years of labor to society should be able to relax in their final years-hopefully decades-if that's what they want to do. I don't think there is a real shortage of labor that can't be filled by technology and definitely nothing that can't be filled by immigrants looking for a better life. It may be that as industries automate that more of their new found profits will have to be diverted from stock portfolios into state administered pensions. Tragic as that may be for the current leisure class, it would probably make life much more tolerable for those elders that actually contributed to society and their supporting children and grandchildren.
*CORONA*
Do you mean the united states?
@@-x5858
Naaaaahh... He means india... For sure!!!