Thread by @Trinhnomics, We know with absolutely certainty that we will be 30 years older [...]

Trinh

Trinhnomics

We know with absolutely certainty that we will be 30 years older by 2050. And guess what? The world is going to be pretty aged except for few pockets such as South Asia, the Stans, and Africa.

Here is the question relevant for economics & politic, ready? https://twitter.com/Trinhnomics/status/1177051756162736128

https://twitter.com/Trinhnomics/status/1177051756162736128

If the share of the elderly rises, then political power of the elderly would rise as they got vote & in a democracy vote = power.

So if we want the future to belong to the young & not the elderly to support growth, then shouldn't we weight votes?

In Japan, as the share of the elderly rises, the silvered Japanese gets more political power & that is economic power.

Society becomes sensitive to the elderly (more toilets, robots to help them live longer, & vote against noisy day care of kids etc) at the expense of the young.

In Europe, u see that as well. Votes = protecting the status quo, protecting labor that already has gainful employment that translates to a RIGID LABOR MARKET for those in the in.

Guess what? YOUTH UNEMPLOYMENT high. How do we solve economics w/o politics if demographic shifts?

We have a rule in the US that only >18 year-old people can vote. What if we have rules for the elderly?

We already WEIGHT VOTES. People from 0-17 have NO VOICE in politics in a democracy. Should we have the same for the elderly at a certain age?

Radical or realistic?

You can follow @Trinhnomics.

Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: