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by ta1243
515 days ago
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More workers to older people ratio More social care from family (which is unpaid and thus is hidden in GDP figures) Less social care Expectation in the UK that wealthy old people should not pay for their own care and instead poorer working people should |
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That is, if someone goes out for work instead of caring for relatives, not only do we count their work as GDP, we also count the person who has to stand in for them.
So that's a large increase in paid work done, but a minimal amount of extra wellbeing generated. Especially if, say, each of them now has to drive 45 minutes each way.
If, as you say, care is paid for by other people working, are there interventions - either state or individual - to reduce the need to consume it? Obviously some people are just unlucky, and live a long time in a state of total incapacity (hence the "dementia tax" rhetoric), is it possible to incentivise people to do things that mean they need less of it - by spending a greater proportion of their lifespan in good health, say?