> The first person I know to complain like that in writing was Socrates who lived to see the fall of Athens/Athenian hegemony in 404BC. He wasn't exactly wrong.
What? Wasn't he completely, utterly wrong though?
Isn't life today incomparably better in general?
Now, of course, you could argue that for one particular group of people life will never be as good as it used to be at one particular point in history ... but that misses the point - overall humanity is much better off.
Humanity will figure something out. Humanity will be okay.
People in developed world retiring in 20 years from now however will heave zero support from state. Zero return on their investment. Will have to work full-time till they are dead basically to get healthcaretthey need.
That is definitely not end of the world, but neither was original ponzi scheme collapse.
I am still figuring out my retirement and "invest more" might not be the best answer
Where are the statistics proving overall humanity is much better off? I'm doubtful anyone can prove "overall" humanity is better or worse than "x" generation. Also how do we measure it?
What? Wasn't he completely, utterly wrong though?
Isn't life today incomparably better in general?
Now, of course, you could argue that for one particular group of people life will never be as good as it used to be at one particular point in history ... but that misses the point - overall humanity is much better off.