shoobiedoo
7 hours ago
This article calls it a "quiet emergency" but even as a foreigner living in Japan there are alarm bells everywhere. And the government buying 150 F35's is just a slap in the face when there's a massive chunk of the population that is, very quickly, going to need extra care.
I looked into becoming a care aid myself as I'm tired of office culture in Japan and have some experience in that field. I was shocked to see that they start at less than 10USD, and working your way up takes years, decades even.
Continuing to kick this can down the road is going to be an absolute disaster.
stickfigure
6 hours ago
> buying 150 F35's
Your immediate neighbor is going on an imperialist streak right now, and Xi says he wants the fireworks to start in his lifetime. I don't know if F35s are the right answer for Japan, but Xi isn't that young. Get ready however you can.
r3trohack3r
5 hours ago
The ministry of propaganda in China runs an English language international news channel available as an IPTV stream (https://tvexplorer.live/)
If you want a better understanding of which world events China is not happy about, tuning in there to see what they cover unfavorably has been useful for me.
They seem to be very unhappy about Japan building up its war fighting capacity.
isityettime
5 hours ago
> They seem to be very unhappy about Japan building up its war fighting capacity.
Maybe because of Japan's history of horrific war crimes and occupation in China? You know, the actual imperial conquest for which their constitution prohibits them from having a standing air force?
DaSHacka
3 hours ago
+15 Social Credit!
conception
3 hours ago
Por que no los dos?
Walf
5 hours ago
Japan is never going to voluntarily attack China. Even if there was a desire to, they know they could not win. Any military build up by the former is due to fear of the latter.
0manrho
2 hours ago
Japan probably won't not attack China (I don't see why they would, not proactively at least), that's not what was being asserted. Japan however may defend Taiwan or allies/neighbors in the south china sea should things go hot there elsewise. And Japan have stated at least some interest in doing so which means that if China wants Taiwan, they might have to contend with japan.
These sort of things can work as a deterrent as much as power projection, and they don't have to get into direct violent/physical conflict for there to be diplomatic tension/worsening of relations as a result. I'm not saying this is most effective use of Japan's resources or focus or that China is for sure going to do anything or making any other such claims, just explaining the potential rational for why China would be non-plussed at Japan over F35 purchases even if they don't feel Japan is gunning for them.
Of course, if china has no actual wartime intentions in Japans sphere of influence, then yeah, they probably give much less of a shit. So depends on what their intentions really are as to how they feel about it. The fact that they're publicly broadcasting displeasure is probably not a sign that they're cool with it though.
Walf
2 hours ago
Any protest from China is just painting themselves as being in a defensive position, whilst they make claims over the oceans and territories that the international community disagrees with. Very much not defensive acts.
stickfigure
2 hours ago
It's the Putin playbook. "It's NATO's fault we need to kill Ukranians!"
ii41
2 hours ago
It's wild that people say this. Japan attacking China (and later the Western colonies, and later the US) knowing that it could not win was one of the most important events in the 20th century. There isn't a country as infamous as Japan for starting wars it cannot win.
Also that attack happened on Sept 18, this very day, in 1931.
Walf
an hour ago
Not so wild when you realise that it's not the 1930s, and Japan isn't being led by an imperialist & expansionist regime. I'm not denying any past aggression from Japan, my grandparents fought them, but the situation is quite different now.
stickfigure
2 hours ago
All of the people responsible for that are dead now. Every single one. Maybe there are still 100k people alive that were ~5yo at the time, but I don't think we can hold them culpable.
philipov
5 hours ago
The person you're afraid of conquering you not liking that you're trying to defend yourself against conquest is not an argument against doing that.
djtango
4 hours ago
The strange and ironic thing here is that the subject and object of this statement can be either country.
My wife is from Manchuria and my father is from Singapore. As much as my wife and I like the Japan of today, Japan appeared less favourably in our family history.
svpk
4 hours ago
I don't think anything in their post said otherwise. I assumed they were just adding more evidence on to what the previous commenter was saying.
aussieguy1234
3 hours ago
>They seem to be very unhappy about Japan building up its war fighting capacity.
Could be a strategy going on here.
Before they invaded Ukraine, Russia criticized Ukrainian military buildup as "destabalising". Probably with full knowledge of their own plans to invade.
ashley95
5 hours ago
I presume you mean CGTN?
echelon
6 hours ago
The F-35s are for the children and grandchildren. It's to safeguard their future.
Democracy is important and it isn't free.
noree
5 hours ago
If the Japanese are looking for technology to protect themselves against a heavily armed imperial force they should be mass producing Shaheds instead of paying tributes to the US MIC.
hattmall
4 hours ago
Shahed drone's are not serious weapons of war. Japan could easily produce millions of them if needed. The drones are good for antagonizing and terrorising a civilian population. A few F35s and bomber squads could reliably deplete and destroy the entire Iranian drone stock and manufacturing capacity if there was the desire and higher tolerance for civilian casualties.
In other words if Japan were in a position where they were willing to use drones to indiscriminately attack soft targets an F-35 would be about a trillion times more effective.
mysecretaccount
4 hours ago
> The drones are good for antagonizing and terrorising [sic] a civilian population. A few F35s and bomber squads could reliably deplete and destroy the entire Iranian drone stock and manufacturing capacity if there was the desire and higher tolerance for civilian casualties.
Absolutely incorrect.
- The purpose of these drones is to establish deterrence.
- US is not capable of reaching every inch of Iranian airspace with F-35s unless it is willing to accept a significant casualty rate among pilots.
- Even if they could, the US has not been able to decimate Iran's drone stockpile even in the areas it can ~safely reach.
The age of the fighter jet is over.
galangalalgol
3 hours ago
Quite possibly. But shaheds aren't the answer either. After Fukushima, the plutonium 240 fuel for the breeders they don't want to run anymore has been piling up. Not as good as 239, but that is what they should be looking at.
stickfigure
2 hours ago
Because of stealth jets, the US is capable of destroying every single power plant in the country, with all the horrible human cost you would expect. Exactly like Putin has been trying to do in Ukraine. Except, they could actually do it.
Trump and Hegseth may be bumbling idiots but so far they have been showing restraint. The jets seem to be pretty effective at making big holes in the ground, I wouldn't call their demise just yet.
nixon_why69
an hour ago
The scoreboard says otherwise. US jets can't even reach the northeastern half of the country because the refueling tankers can't get close enough to give them the range.
Additionally, Iran had deterrence that you're not giving them credit for. If they destroyed Saudi and UAE's water desalination, it would be a mass casualty event.
jiggawatts
an hour ago
It would be sufficient to destroy just the Asaluyeh gas infrastructure near the South Pars field. It's easily approached over the open sea where Iran has negligible air defences, and it is rather... flammable. It provides something like 75% of Iran's domestic gas supply and in turn fuels most of their power stations.
Their economy would implode within days.
Of course, this would be a horrific crime against humanity, comparable in impact on civilians to dropping a nuke on a capital city.
Speaking of which: my partner knows next to nothing about warfare and while watching the news I had to explain that the US Navy submarine mentioned by the presenter isn't just for taking out enemy ships, it is a nuclear-armed "world ending" weapon that could simply... erase... a country. Or two. Probably three. In under an hour.
nixon_why69
4 hours ago
They were serious enough to defeat the US Navy and Air Force..
ekianjo
4 hours ago
> few F35s and bomber squads could reliably deplete and destroy the entire Iranian drone stock and manufacturing capacity if there was the desire and higher tolerance for civilian casualties
the current admin does not care about civilians casualties. remember the tomahawk on school girls? so what are they waiting for if it was that easy?
qlte
3 hours ago
Yeah, it's laughable to think that somewhere in the DoD a map labeled like "Iran: Huge Undefended Drone Warehouses" has just been sitting around unused because Hegseth/Trump keep vetoing it on account of potential civilian casualties.
Sure, we could easily wrap this whole thing up a couple days but the admin is choosing to remain stuck in a quagmire that's dooming GOP in the midterms. Based on a moral red line, of all things. Makes perfect sense.
jszymborski
3 hours ago
They would need and can manage both fighter jet procurement and drone manufacturing. Although a partnership with Iran, China's close ally, would probably be ill conceived.
strictnein
5 hours ago
They should be mass producing Iran's drone?
rambojohnson
5 hours ago
who is winning that war right now?
strictnein
5 hours ago
Holy non-sequitur batman.
Why would Japan mass produce an inferior product when they would easily be able to design and build a far superior one? "Shahed" isn't just another word for drone, it's a specific company's name.
noree
5 hours ago
They certainly should not be buying 150 f35s judging by recent track records.
strictnein
4 hours ago
There has been one US F35 damaged in combat. That's total, across all the areas its been in and all the countries that have deployed them, starting in 2018. They've been up against the best air defense systems in the world in Venezuela and Iran and they received a single scratch.
The countries acquiring them are doing so because they are best strike fighters on the planet, and it's not even close. Unless you know something that Norway, Japan, England, the Netherlands, etc don't know?
tw1984
3 hours ago
give yourself a break. F-35 doesn't even have long range a2a missiles comparable to PL-17 in service. its radar is 2nd class at best, a full generation behind the Chinese counterpart and heavily rely on Chinese rare earth.
it is 2026 now, partially de-industrialized US no longer has the best weapons in the world. that is why it is struggling to even beat Iran.
litbear2022
5 hours ago
Active-duty armed personnel stormed a neighboring country's embassy with a knife. It’s really hard to guess who is pursuing expansion.
cedws
43 minutes ago
Japan desperately needs some defense of its own, American is an unreliable ally and Japan has no nukes. And we’ve seen what happens to countries with no nukes.
cameldrv
2 hours ago
Ultimately the problem is that Japanese people are not having enough kids. It's a huge emergency. It is recoverable, but it has to be done very soon or it will be much harder. Right now, 5.1% of the population is 25-29, prime childbearing years. If all of those people had 2.1 kids, and so did their descendants, Japan's population would stabilize reasonably well. The problem is that the 0-4 range is only 3.1%. Even if that generation has 2.1 kids, the population will be massively diminished.
If that happens, the majority of Japanese people will be retired, and the cost to provide medical care for them will be astronomical compared to the number of people that can provide that care. It's easy to say "Japan is a rich country, they can afford it." However, medical care for old people is very labor intensive. Even if the old people have "savings", this is just a claim against the labor of young people. If the young people are too worn out from caring for their parents to have their own kids, the country dies out.
The only solution I can think of is to provide massive incentives to have kids. Massive meaning something like "you get $40k per year for every kid in your house under 18", or "you get a free house when you have your first kid, and a bigger one when you have your second."
Maybe this sounds extreme, but the alternative is that young people are taxed at punitive rates in order to provide care for older people. As the situation progresses, younger people will have even less kids because they can't afford them, and eventually they won't even be able to pay for a reasonable living standard for themselves. Older people won't care and will vote themselves excellent benefits, since they would have a good majority in voting. The only option younger people would have would be to leave the country, which only forces the tax rates higher. Eventually something breaks. It's difficult to predict exactly how it would go but it's not pretty.
If Japan is to be saved though, it has to happen in the next 5-10 years or so, and the sooner the better. Once the population pyramid slides up another decade, you'd need the average couple to have 4 kids or so, and the incentives required to make that happen are not affordable, and wouldn't be agreed to democratically when the majority of the population is retired and wants the money for the remainder of their lives rather than paying for kids that would be too young to provide labor to care for them while they're alive.
shoobiedoo
4 minutes ago
> If Japan is to be saved
As I said in another comment, the population of Japan is projected to be 64 million in 2100. A hundred years ago, the population was 64 million, and that was at the peak of their colonial expansion.
Yes I get it that the demographics pyramid would not be the same as it was in 1930, but this whole narrative that "Japan is dying" is at the very least spread to pull on heartstrings in order to fuel this lines must go UP ALL THE TIME hypercapitalist nonsense.
Why can't a people wax and wane according to the needs of their culture and not the needs of bigwig bank accounts? Does Japan need a convenience store on every block? If every single convenience store disappeared tomorrow, you'd suddenly have a massive workforce able to go to school or care for the elderly, so here I am just yelling at clouds while the average Japanese person is more in line with your way of thinking that being able to buy a sandwich instead of making your own is the "Japan" they want to save.
HaloZero
2 hours ago
Has any country really reversed the diminishing fertility rate with industrialization without religious zealotry? I honestly don’t think money is the factor here. Yes it matters but $40k is nothing. That covers maybe a year or two of daycare in the states. It needs to be a cultural change but not sure what would reverse it.
Or we set a max age of the population where you off yourself. It’s the plot of Half a Life in Star Trek TNG
PorciiVorbesc
7 hours ago
>And the government buying 150 F35's is just a slap in the face when there's a massive chunk of the population that is, very quickly, going to need extra care.
I'm torn on this issue. I think the elderly and people in general should get a decent life, but on the opposite side we have Europe that's investing massively more in making its boomers richer and more comfortable than anyone in human history has ever been(average pension in France is now higher than the average salary), rather than investing that money in ensuring opportunities and prosperity of future generations, who are facing economic stagnation/degrowth and are forced to foot the bill for this elderly spending, with the guarantee the pyramid scheme they're funding will fail them when their turn comes to benefit from it.
So perhaps Japan sees the defense capability those 150 F-35's bring to its future national security more valuable than keeping the elderly alive for a few more years.
Yeah, it sounds harsh when you look at people like that, but taking care of people takes resources(money), and money is finite, so all these decisions are a game theory trolley problem, where you have to choose whose lives a country should prioritize the most: the past generations, or the future generations.
Historically in the history of nations would be willing to sacrifice the elderly to prioritize the survival and growth of its future generations, that was the social contract of the tribe, that is until the western boomers came and decided they deserve to fuck the future of their nation if they can get wealthier and feel good till the end.
I'm not saying there's one correct solution here, because I don't have it. I'm saying tough decisions have to be made from which there will be winners and losers, so a nation should choose the winners carefully, if it wishes to have a future.
janalsncm
5 hours ago
> average pension in France is now higher than the average salary
This sounded crazy so I looked it up. I don’t think it’s quite true, but after you subtract taxes and living expenses (a lot of old people own their homes) and add investments, seems like retirees do have a higher standard of living than workers in France.
red369
3 hours ago
Thanks for looking into that - that claim also surprises me!
It makes sense to subtract the taxes for a comparison between pension and salary, but by taking investments into account, and probably living expenses too, since they depend upon investments, I think you're doing too much work to support that claim.
Presumably it is fairly standard for the average retiree to have more assets/investments than the average worker. Those assets generate income (or reduce living expenses). I think that is too different from the claim that the pension is higher.
schneehertz
4 hours ago
Even if Japan believes that spending money on young people is more appropriate than extending the lives of the elderly by a few years, the decision should absolutely not be to purchase large numbers of American fighter jets, but rather to use the funds to improve the birth rate, build infrastructure, transition to green energy, and support domestic industrial productivity. I cannot understand what purchasing fighter jets can do for Japan. Japan has in fact completely handed over its military sovereignty to the United States, and buying fighter jets is essentially just giving the United States a blood transfusion.
shoobiedoo
7 hours ago
I agree to some degree. There is also the case to be made that whereas in the past, young people would stay at home until they were married, and therefore assist their parents/grandparents, the rapid westernization (or "de-Japanization"?) of Japanese youth has them moving out asap into larger cities to be "free individuals" and those downstream effects on the elderly aren't anyone's fault, I guess.
paulryanrogers
6 hours ago
Can you blame kids (especially those without siblings) wanting to strike out for a life and family of their own?
They don't choose to be born. Have few/no rights to change how they're raised or their parents spend the family funds while they are minors. Often they have no choice over large portions of their education. To say they owe their parents decades of unpaid caregiving is absurd.
shoobiedoo
5 hours ago
I'm speaking from a Japanese cultural point of view, here. To say that Japan has been wrong until now to focus on family values over rampant individualism, waiting until you are married to leave the home, and respecting the lives of the elderly until they pass on is one I've never heard before. And where do you get that their education takes a backseat by living with their parents? Post secondary education has always been a pillar in Japan.
Until this most recent generation Japan (and the rest of the world) had no problem starting a "life and family of their own" as you put it.
dfxm12
6 hours ago
From experience, elder care is more of a drain on the younger family members than the elder. It's not just financial either. Needing to take off from work to take the elderly somewhere, making sure they understand the medical situation, etc. Every country/situation is different though. Maybe pensioners in France can afford their own care, but I'm assuming they can't drive themselves to the doctor.
threethirtytwo
7 hours ago
When those boomers die where does the money go?
RobRivera
7 hours ago
Tax man, funeral industry, late life casino runs, o o o o o o an investment in GVC gold
phs318u
6 hours ago
The single biggest generational transfer of wealth in human history.
alexjplant
3 hours ago
I sincerely wonder how this is going to work given the large divergence in lifestyle preferences between these generations. Real estate especially will be an interesting one - lots of young people either cannot (due to employment situations) or actively choose not to live in the areas that their parents did. What will happen when these houses hit the market? How will this huge supply increase affect the people who do live there? Nobody I know is moving to Pennsyltucky to live in their parents' house even if it's free... will it crater property values for all of the hard-working townies who sunk their money into their own homes?
NuclearPM
7 hours ago
Musk, Ellison, Zuckerberg, Gates, Bezos.
boringg
5 hours ago
Even though they have some money their wealth is trivial compared to the generational transfer.
shimman
6 hours ago
This is doing a lot of cover for an airplane that has massive supply issues and mostly seems to have been invented to extract more money out of allies to serve the US military industrial complex.
An island nation under the protectorate of the US TOTALLY needs to spend over $300 billion over the needs of their people, okay sure. Makes sense I guess.
Historically those that were greedy were banished from society so the community can continue thrive. How greedy are you willing to be since you're okay with sacrificing other humans for political ploys?
PorciiVorbesc
6 hours ago
>This is doing a lot of cover for an airplane that has massive supply issues
I'm not covering the damn plane in my comment. I was covering the nation's need for self defense which is gonna cost crazy money any way you slice it if your military wants to have latest gen "sci-fi" jets capable of beating Chinese ones.
>An island nation under the protectorate of the US TOTALLY needs to spend over $300 billion over the needs of their people, okay sure. Makes sense I guess.
The security guarantee that nations, like Japan in this case, receive from the US is not free of charge, it never was. It's paid in barter via purchasing US military gear like F-35s that supports the US economy and defense industry jobs. It's the same deal with the gulf states. Saudi Arabia and the others, accepted to trade their oil only in USD, making the USD the world reserve currency and the US the richest country in the world, and in exchange it received defense assurances form the US. That's always been the deal. Are there still people oblivious to this fact?
WarmWash
5 hours ago
>Are there still people oblivious to this fact?
Most people think the US just goes around bullying people and kicking up dust. There is a genuine widespread belief that if the US didn't exist, the world would be living in harmonious peace, just like how the world was before WWII.
WalterBright
3 hours ago
And WW1 came out of nowhere and nobody wanted it.
shimman
6 hours ago
Yeah I don't think it was a good look for a supposed democratic nation to sell weaponry to nations that rely on slave labor either, but there never was a good look for American imperialism. Still shocked to see people champion it still.
PorciiVorbesc
6 hours ago
> Still shocked to see people champion it still.
Can you share who here is championing it?
Also, you often don't have a choice, as imperialism is a constant throughout human history. If it's not the US it's gonna be someone else, maybe even worse. Now I'm not American, but if I were, and I'd need to make a choice between my nation being THE imperial power or someone else with different values than mine resulting me being at their mercy, then I'd rather me than them.
But this isn't "championing it", this is choosing the pragmatic least-worst option.
999900000999
3 hours ago
From the article. >While immigration has risen in previous years, foreigners only make up around 3% of the population and opposition to accepting more has grown.
That 10 USD isn't for you , it's for an immigrant from a less affluent country. The Philippines for one. Although Japan also has a significant South Asian population.
The tradition is you work a horrible job, but your kids get to grow up in a rich country with much better opportunities.
Japan doesn't want immigrants though. They can fix there demographic crisis in a single year by opening immigration up.
As for defense spending. The only issue is its not homegrown tech. Looks like Mitsubishi is actually working on a 6th gen fighter though.
DaSHacka
3 hours ago
> Japan doesn't want immigrants though. They can fix there demographic crisis in a single year by opening immigration up.
'fixing' one issue by swapping it out for another
phyzix5761
2 hours ago
Whats the other issue? Immigrants? That's a bit racist.
inemesitaffia
an hour ago
Migrants can be from the same ethnicity and still be an issue.
You can tell because internal displacement can cause issues too.
DaSHacka
2 hours ago
Yes, too much immigration all at once can infact stil be a problem, just a different one from an inverted population pyramid.
Waterluvian
6 hours ago
The socialized cost of protecting your castle is massive. It makes for a very popular and very lazy target for this kind of “think of the children” (or centenarians) style rhetoric.
Something I keep in mind when reading these kinds of opinions is that when war breaks out and moves through a region (think Ukraine), the elderly are common among those who cannot flee.
calvinmorrison
6 hours ago
> very quickly, going to need extra care.
they don't "need" extra care, and at 100 years old, should be pretty content with concepts of dying without intervention.
What is with the obsession in the world today about those on deaths door taking precedent over those who live today?
NonHyloMorph
6 hours ago
Wtf is going on with the discourse here lately? Are you advocating for effective "euthanasia" by neglect?
jll29
5 hours ago
I disagree with downvoting the parent; I did not interpret their post as advocating neglect or euthanasia or anything else of a nasty kind.
There is a point to be made that fewer and fewer people are ready to die - eventually.
However, it arguably is the natural course of things, and the only thing more certain than taxes. I'm not saying this because I cannot imagine a world in which death was switched off. Instead, I would argue that it is also a GOOD thing that death exists, as it makes one's lifetime more precious knowing your days are counted (it's also good not to know how many of them you have left). There is space made for new generations, and their different (hopefully eventually better) ideas.
calvinmorrison
5 hours ago
I'm advocating for "at 100 years old you're going to die pretty soon regardless of medical spending, and as a centarian, you should be prepared for this. no vanity or medical procedure will be cost effective and the world does not need more supercentarians, and japan does not need more old people. simple as.
carefree-bob
5 hours ago
A lot of people really want to get their hands on the savings of the elderly, and are very angry when they see old people spending money.
ekianjo
4 hours ago
investing in senior people is not good ROI but at the same time they are the ones who vote the most...
rightnutwingjob
6 hours ago
What does buying one hundred and fifty F35 aircraft have to do with not being able care for your parents / grandparents?
Why do people think The Government™ is able to, should, or can, solve everyone’s problems?
The Government™ probably can solve defence.
It probably can’t solve your lack of desire to do the right thing and look after your aging parents.
PostOnce
6 hours ago
These people are over 100, and have been paying tax to the Japanese state since before world war 2. They lived through world war 2, and they rebuilt japan afterwards.
You're proposing to tell them they haven't "done enough", saved enough, paid enough tax, worked enough, sacrificed enough. You're assuming they all have kids to care for them.
20-something billion dollars can pay for a lot of medicine and care that F-35s can't deliver.
Defence is necessary to protect the people. But so is everything else. Medicine, food, affordable housing, education...
If the state wants tons of money and sacrifice, then what is the point of protecting it if it provides nothing in return?
This extends to everyone else in the developed world: if we're fucked anyway, why bother doing all this stuff the government wants? To protect the assets and incomes of the rich? So we can give all our life and labor to the lords and landlords?
I'm not buying it, and I doubt the centenarians are either.
totetsu
5 hours ago
Their kids are in the 70s and 80s too
PorciiVorbesc
6 hours ago
>Why do people think The Government™ is able to, should, or can, solve everyone’s problems?
Where do you see them demanding the government solve $ALL their problems?
>The Government™ probably can solve defence.
Agree.
>It probably can’t solve your lack of desire to do the right thing and look after your aging parents.
Is there a lack of desire? Or a lack of resources resulting as a consequence of how the modern developed economy works, where youth need to move away from the family to get a college education and skilled jobs, and in return the government taxes you to take care of your parents and your kids so that you can focus on maximizing your skilled productivity at work? Isn't this the modern (faulty) social contract?
Sure, I can move back with my parents to take care of them, but then I won't have a job to earn money because all the industry in that town was hollowed out and moved abroad (also thanks to government actions of maximizing shareholder value).
Now , if the government admits it can't solve elderly care and wants us to take care of our parents on our own dime, the it should also stop taxing us for a welfare state it can't provide and just focus on what it can, like defense. IIRC Switzerland works like that.
Unfortunately, in our modern post-industrial economy we can't all go back to tribal/village lifestyles of our ancestors where we all lived on farms in multi generational households and we all took care of each other and lived only off the land. That would sound nice in theory, but it's not feasible anymore the way nations and economies are set up to work and compete against each other, unless we can somehow agree to fight wars from now on only with bows and arrows like our ancestors, instead of AI drones and cruise missiles needing cutting edge chips and SW made by singles with phds and no kids. We built this faulty societal system and now we're forced to live by it whether we want to or not.
WalterBright
3 hours ago
> maximizing shareholder value
Minimizing shareholder value will flatten the economy.
Do you really want to live in a pre-industrial agrarian society? Not me. I like central heating, flush toilets, hot & cold running water, and Led Zeppelin music.
imglorp
5 hours ago
If the community isn't proactive with safety nets for elders, let's say the childless ones, those elders will become everyone's acute problems. Better to plan for it and better to share the cost to everyone. Some might call that a government.
jll29
5 hours ago
The Japanese fail to produce enough children.
The country will either have to change or it will disappear soon.
Most European countries have the same issue, but it is less visible due to immigration, which Japan does not have.
shoobiedoo
5 hours ago
The population of Japan is projected to be 64 million in 2100. In 1930, the population of Japan was 64 million. Did it not exist back then?
Danox
4 hours ago
Japan can easily operate with 60-80 million people in a country slightly smaller than California. And expand again in the future why not?
mango7283
5 hours ago
To be fair you'd need to consider how the percentage of young people looked in 1930 for that to be a meaningful comparison to today
saulpw
6 hours ago
A 100-year-old's children are 70-80 years old themselves, if they are still alive. They very well might be not be capable of taking care of a 100-year-old person. And not everyone has children. Rather than throw up our hands and say "too bad", perhaps we collectively have some responsibility to take care of those who aren't able to take care of themselves?
brailsafe
5 hours ago
and those 70-80 year olds may have children old enough to be going through menopause and any number of health issues themselves, along with their own adult children who may not have viable prospects for leaving home yet (if the dynamic is at all similar to other G7 countries). In Canada, I would be plenty old enough by now to have my own kids, and my grandparents, lucky though I am to still have them around, are old enough to be needing some help in their 80s. Thankfully they all have their own homes and can take care of themselves financially, but even if I was interested in having kids, there isn't really a viable financial strategy for creating a support structure viable for even myself long-term. Adding one other person to the mix isn't feasible and won't be in foreseeable future unless I made some dramatic changes solely for that purpose. Thankfully the Gen Xers in my family got in early to the whole "social contract" thing and seem to be handling what they can, and I contribute when I'm visiting by putting in the physical labor where it's useful. I can barely reliably pay for a basement apartment, and the way things are looking, that's about as far as it's ever going to get.
antisthenes
5 hours ago
> perhaps we collectively have some responsibility to take care of those who aren't able to take care of themselves
This is the cornerstone that all society rests upon. If a person argues that there is no such obligation, they do not understand the social dynamics of a civilization and you can be sure you're dealing with a sociopath.
spacechild1
6 hours ago
You certainly live up to your name.
apsurd
5 hours ago
you’re on HN and it’s as if you’ve never even heard of “thinking in systems”
rexpop
5 hours ago
Well, you see, when people invest their resources in any venture, they incur an "opportunity" cost.
thinkingtoilet
6 hours ago
We're not making these problems up. Reality exists. These problems exist. The government is doing it because the population is failing to do it on their own. It's very obvious and not up for debate. If it wasn't a problem, the government wouldn't have to do it.
andy99
6 hours ago
> If it wasn't a problem, the government wouldn't have to do it.
This is certainly very different from my experience with what governments think they have to do.
elzbardico
4 hours ago
Well, government money IS people's money. Maybe people don't want the government to take of their parents, but would enjoy paying less taxes so they could have money to do it themselves.
Or people can't take care of their parents and grand-parents, because government expenditures transfered wealth from them to the rich via the Cantillon Effect.
Nobody fucks complain about government fiscal profilgacy having enabled the golden age of Venture Capital based Unicorns through an unprecedent period of extreme liquidity in the markets. Nobody fucking ever complains that we went through an era of incredible levels of market concentration because of the fucking State fiscal habits.
But, creating some remedy for woes of a working class that can't even bet some money on some Oracle CDSs, because this is not for NPC retail investors tastes. Yeah, that would be communism! Let them eat croissants!
justsomehnguy
6 hours ago
It's quite amusing how The Government™ is able to use the tax money to buy an overpriced useless military toys which solve nothing and cost trillions, but at the same time The Government™ can't spend that tax money on the care of their citizens.