• Saleh@feddit.org
    link
    fedilink
    English
    arrow-up
    10
    ·
    1 month ago

    Weird. Despite the huge growth over the past decades, the social systems mostly became worse. What did they do different in 1990 that they managed to make more oit of the lower economic output?

    • TheGrandNagus@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      edit-2
      1 month ago

      Two main factors, I’d imagine:

      • People living longer (and the care to look after them becoming vastly more expensive, and more and more taken on by the state rather than family as in the past), meaning the ratio of workers to pensioners is getting more and more unsustainable every year.

      • Parasitic billionaire/multi-millionaire class siphoning as much money as they can from people, and abusing tax loopholes so they pay very little back to the very system that gave them their wealth in the first place.