Aging population brings burden on young making them enslaved in falling economy

Different values and perspectives: Older and younger generations may have different values, beliefs, and ways of thinking. This can sometimes lead to misunderstandings and conflicts.

Old Guard Holds Too Much Power

The concept of gerontocracy, or rule by the elderly, has been a recurring theme throughout history. While experience and wisdom are valuable assets, an overconcentration of power in the hands of older generations can lead to several issues:

1. Outdated Perspectives and Policies:

• Lack of adaptability: Older generations may struggle to adapt to rapid societal and technological changes.
• Resistance to innovation: They may be more resistant to new ideas and approaches, hindering progress.
• Out-of-touch policies: Policies created by older generations may not adequately address the needs and concerns of younger generations.

2. Intergenerational Inequality:

• Resource allocation: Older generations may prioritize policies that benefit themselves, potentially at the expense of younger generations.
• Limited opportunities: Younger generations may face limited opportunities for advancement due to entrenched power structures.

3. Stagnation and Decline:

• Reduced dynamism: A society dominated by older leaders may become less dynamic and innovative.
• Reduced competitiveness: A lack of fresh perspectives and new ideas can hinder a country's ability to compete globally.

4. Democratic Deficit:

• Reduced representation: Older generations may have a disproportionate influence on political decision-making, limiting the representation of younger voices.
• Lack of accountability: Older leaders may be less accountable to the electorate, particularly if they are entrenched in power.