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Joined 2 years ago
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Cake day: June 9th, 2023

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  • There are a lot of problems with that. First of all just looking at the elderly is a problem. There are also children, which do cost a society quite a lot of resources. With a low birth rate that group is becoming smaller and smaller. Right now that dependency ratio is at 41.43%. That is actually incredibly low. The US is at 53.88% and Japan is at 69.94%. That is dependent person per worker.

    Then the assumption of not keeping up with certain services. Although that is true, there is another site to it the video completely ignores. The population is shrinking and the country has a lot of high quality infrastructure. That means low housing prices, as they are already built. No need to built new railways, streets, sewage systems and the like.

    That also goes for the economy. Constant worker shortages, mean the most competitive companies will pay the highest wages and out compete weaker ones. Therefore the average worker will become more competitive.

    One important thing here is that South Korea has an incredibly low fertility rate. 2.1 is replacement level. So 0.7 means each generation is 2/3 smaller then the previous one. However most places in the world are above 1.4, which would just mean 1/3 less people per generation, which makes it a lot more manageable. Also again migration. The world is still above replacement level of 2.1.





















  • For hardware it is relativly simple, as paying for that is normal. Raspberry Pi is a private company, but produces open source hardware. Probably the way to go, is to force all companies to do so. Right to repair is imho a good starting point.

    For software the key seems to be large government or private customers. They do have a lot of money and the system not running costs them a lot. Hiring experts themself is also not always posdible. So buying in service from companies developing open source is an option.

    For R&D a lot of that is done by universities and research institutions likr NASA today. That seems to me to be a good solution.









  • If you remove the stock market, you end up with over the counter or even worse total back room trading of company stock. That disadvantages small shareholders much more then big ones. So owning large companies will be totally exclusive to the super rich, making the situation even worse then it is today.

    We need a ban of companies buying other companies. That takes care of mergers.

    However the real problem is the lack of proper high taxes for the wealthy. That has to change, so the wealthy can loose their wealth more easily.