Economic crises, sacrificed youth and poverty

[Gaston]

people "in a hurry" therefore put down the returnable bottle and a whole informal sector has developed of "bottle collectors" who are paid with the deposit ... !!

I used to do this in the seaside resort when I was a kid to buy ice cream in the summer

[Did67]

There, it's funny! You could have bought cigarettes, it was even funnier !!!

The people I am talking about are often unemployed people at the end of their rights who have no other job and "survive" like that, in the "Germany model"!

And of course, also a few "tramps" who refuel this way ...

[Ahmed]

Beyond these statistics, what is in question is the generational lag of the effects of the crisis: those who had benefited from the previous period of relative prosperity continue to be privileged by the effect of inertia; the new generations suffer from a crowding out effect and find it difficult to "find their place".

It is useless to dwell on this phenomenon which is only correlative to a radically new event in the history, however turbulent, of capitalism: the growing difficulty of producing value.

It is only by this consideration that it is possible to explain what appears * otherwise as a completely crazy and paradoxical situation: never has the possibility of creating an incredible mass of sensitive wealth been so great and yet inequalities are growing. and the increase in the value of money-capital (fictitious wealth) can no longer be achieved, painfully, except through ever more random subterfuges which delay the deadline by promising to make it more brutal.

Because, when this latter condition is no longer possible, stopping the creation of value will cause everything else to fall, since this rest is only the means of this end in itself, which is to continuously increase an initial sum ...

There is therefore no point in regulating alleged excesses or in seeking to moralize ** which in no way derives from particular virtues, but from the mechanistic obligations of a tool (to use P. Schutt's term) which is is empowered by its creators; only an exit from a system with purposes too mediocre to satisfy the aspiration of a dignified life for all, is possible.

* Or should appear, because it does not seem to appeal to many people ...
** It is paradoxical to invoke "morality" when all behaviors that go in the direction of the market are assiduously valued!

[Christophe]

At the moment a report in the FR2 news on the difficulties of the young generations compared to our parents ...

[Christophe]

Currently on France2: http://www.francetvinfo.fr/replay-magaz ... 66235.html

The Eco Corner. The war of the ages

The inequalities between young people and seniors have never been so glaring. While retirees now have a higher standard of living than working people, young people see their income growth stagnating, or even declining compared to previous generations. In the areas of employment and real estate, the baby boomer generation has been privileged. One year before the presidential election, "L'Angle éco" is examining this generational gap that it is urgent to fill.

(...)

2 curves are particularly interesting, comparison of public spending by age in 1979 and 2011: http://www.francetvinfo.fr/societe/vide ... 65783.html

Bin shit, am, in both cases, in the hollow
Too bad it lacks, in both cases, the ordinate scale ...

I particularly agree with the following summary points:

Employment: galley generation

Weak generation versus cushy generation? One in two young workers is currently on temporary contract in France. The unemployment rate for 15-24 year olds is close to 25%, and the wage gap between young people and seniors has doubled in fifty years. Survey in companies, public or private, where on the same jobs, young people on precarious contracts rub shoulders with old people on permanent contracts.

Real estate: seniors have won everything!

Get your hands on the stone, or how the baby boomers got it all in real estate, especially thanks to inflation and rising prices. Some of them are timeshare owners when young workers, even on permanent contracts, find it difficult to rent an apartment. Report in Marseille, the city of France after Paris where the gap between the real estate purchasing power of young people and that of seniors has widened the most.

My retirement or your job?

Retirees, bankers of the world? Pension funds today manage € 30 trillion worldwide. This represents fifteen times the French GDP. In funded pension systems, these funds invest assets in retirement savings on the stock market, by buying shares in companies. But to make this savings work, the yield targets are high. And can sometimes threaten the employment of young employees.

[Exnihiloest]

...
Weak generation versus cushy generation? One in two young workers is currently on temporary contract in France. The unemployment rate for 15-24 year olds is close to 25%, and the wage gap between young people and seniors has doubled in fifty years. Survey in companies, public or private, where on the same jobs, young people on precarious contracts rub shoulders with old people on permanent contracts.

Real estate: seniors have won everything!
...

That's right. We are talking about seniors whose main body made the post-war baby boom, say the 60-70 years age bracket. We see that they are currently doing the papy boom, and that in 10 to 20 years the troop will drastically reduce. For the young people, there is therefore hope, they will recover jobs and real estate, but not in the short term, and I agree that for them, the situation is much less easy than was that of their seniors when they were their age.
However salaried employment will more or less disappear, in particular with robotics. See recently:
http://www.lefigaro.fr/secteur/high-tec ... robots.php
After the jobs of production, and with the progress of artificial intelligence, robots will monopolize services, engineering, and probably even medicine, even research. The company is going to be completely rethinking. Scandinavian countries are already thinking about providing a basic salary for everyone, and those who would work more, just because it is their choice, will have a supplement.
Future questions will be how to distribute the wealth that the robots will create, or what to occupy so as not to end up like the Eloïs in HG Wells' "time machine" ... Ask yourself the question of future in terms of salaried jobs or real estate grabbing is a linear extrapolation of the past, which will probably be irrelevant in the medium and long term.

[Janic]

Future questions will be how to distribute the wealth that robots will create, or what to do

It was the speech that accompanied the start of robotization replacing human labor. We see where it takes us and replacing humans with machines with AI (except that there is far from the lip cut) would make this humanity useless, obsolete. We will see, but history has never taken into account the lessons of the past.

[Ahmed]

As written Janic speaking elliptically, speaking of distribution presupposes, a priori, that those who control the robots deign to concede a few parts of production ...
More fundamentally, the creation of value resulting only from human labor *, the machine incorporates into the commodity of value only to the extent of its wear in producing it; and if it has value, it is because it required for its construction a prior expenditure of human labor.
For reasons that I have already explained at length, the share of human labor is constantly decreasing in the production of goods, which has several consequences: the fall in the unit price, its compensation by an increased global volume and an ever greater destruction of natural resources. If work were to disappear completely (simple school hypothesis, since the level of systemic contradiction would reach its breaking point well before this point), all creation of abstract value would also disappear and there would then be nothing to share ...

* Present and especially future, since the illusion of a creation of value independent of real production is maintained by the financial industry which massively injects for this purpose the value of work more than hypothetical of future generations (in the form of debt) ...

[Philippe Schutt]

I would be curious to see these curves weighted by the number of people in each age group ...

[Did67]

Here is the age pyramid: just put it down, to have the same presentation as Langlet /

http://www.insee.fr/fr/themes/detail.as ... e_aide.htm

Note that this does not mean anything. In a "reasonable" society, it is easy to admit that public expenditure will go to young people: care, training especially, educational and extracurricular activities and to the elderly: health and then afterwards, reception centers (Alzheimer ) ...

There is nothing shocking in this.

Everyone, in the soft belly, should be delighted not to depend on public spending, to have been well educated, to be in great shape, etc ...

Unfortunately, selfishness wins. Everyone forgets that he has benefited before. And wonders if he will benefit later ...

Having said this, the fact remains that we must be attentive to developments. And there, it is clear that in the last 20 years, inequalities are widening: between workers and big bosses, between unemployed and those who are in full employment, between CDD or temporary workers and CDI, between babyboomers and young people ...

And this is obviously worrying. Sign of the insufficiency or absence of necessary regulations, absence of "consensus" on something which would be a sort of "republican pact" ...

Simply, a strict "egalitarianism" cannot be a republican pact.