>>enjoying ourself have been more important that savings.
This is the main thing. People seem to always have money for gadgets, eating out, vacations and garden variety never-to-return expenditure. Yet savings are always dwindling and in many cases most people are in debt.
Marketing has done a good job of convincing people to spend money in the present. Even the money they don't have.
>>People care about _their_ retirement, not about everybody's retirement, not how society will find a balance or how their neighbor is going to survive.
There have to be consequence for bad habits. Free money hasn't done well to anybody around.
Also expecting some one hardworking to part their savings to pay for somebody who has partied all life is not just unfair, its theft.
Put that way, the recent dogma of spending on experiences, not things is a great trope. You can literally never have too many experiences and the consumption shall be limitless.
Some colleagues I have, take 10 vacation trips an year. Apparently its all about spending time chasing some hobby like photography. Apart from the fact that they spend insane money on camera and lens gear, you also have to spend money to travel, accommodation, food etc.
The funniest thing is most people don't use some lenses more than a couple of times. And they don't even see their photographs more than once. What's more, no other human will ever see their work.
All of this is fine and dandy during a phase when you are young, have energy and a job that pays well. All this money could go into a retirement fund. Someday its all going to end, and these people will blame government and societies for not doing enough about the 'free money' they think they are entitled too.
This is the main thing. People seem to always have money for gadgets, eating out, vacations and garden variety never-to-return expenditure. Yet savings are always dwindling and in many cases most people are in debt.
Marketing has done a good job of convincing people to spend money in the present. Even the money they don't have.
>>People care about _their_ retirement, not about everybody's retirement, not how society will find a balance or how their neighbor is going to survive.
There have to be consequence for bad habits. Free money hasn't done well to anybody around.
Also expecting some one hardworking to part their savings to pay for somebody who has partied all life is not just unfair, its theft.