The combination of so many boomers retiring/dying to a much lower ratio of young people entering the workforce, each much less experienced and capable than those they are replacing is creating a huge gap in the labour supply that even open borders cannot hope to fill.
This is a situation common to all industrialized nations and at the same time.
This cannot help but put the lever of power in the hands of organized youth. Unless they accept the self limiting beliefs being fed to them.
Most of which are in bloated managerial staff. And humanity already can dramatically increase labour efficiency, it just doesn’t do it. Not because “humanity is not ready”, but because those, who benefit from capitalism, choose not to.
each much less experienced and capable than those they are replacing
Same as last always. Nothing changed.
This cannot help but put the lever of power in the hands of organized youth.
Eventual death of current old will eventually put lever of power in current youth.
I don’t think so. There might be only shortage of underpaid overqualified slaves.
The combination of so many boomers retiring/dying to a much lower ratio of young people entering the workforce, each much less experienced and capable than those they are replacing is creating a huge gap in the labour supply that even open borders cannot hope to fill.
This is a situation common to all industrialized nations and at the same time.
This cannot help but put the lever of power in the hands of organized youth. Unless they accept the self limiting beliefs being fed to them.
I hope they don’t.
Most of which are in bloated managerial staff. And humanity already can dramatically increase labour efficiency, it just doesn’t do it. Not because “humanity is not ready”, but because those, who benefit from capitalism, choose not to.
Same as last always. Nothing changed.
Eventual death of current old will eventually put lever of power in current youth.
It’s what that looks like in the shape of the population pyramid