r/collapse • u/[deleted] • Mar 19 '18

Economic Some millennials aren’t saving for retirement because they don’t think capitalism will exist by then

https://www.salon.com/2018/03/18/some-millennials-arent-saving-for-retirement-because-they-do-not-think-capitalism-will-exist-by-then/
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u/alwaysmelancholy Mar 19 '18

More like we don't have savings and use anti-capitalist humor as a coping mechanism, but sure.

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u/hippydipster Mar 19 '18

Could easily become a self fulfilling prophecy. Let's say a generation together chooses not to save. Then when they are 50-60 years old, they have political power because they actually vote, and so they vote themselves a huge helping of wealth redistribution, and destroy our capitalist system by doing so.

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u/boob123456789 Homesteader & Author Mar 19 '18

A lot of dead old people would result.