The system is broken, yes, but not how you think. Automation and how automation benefits society (or actually not) is the core issue. "Population bomb" discussions, both in terms of how old people get and population age distribution are just straw man arguments for the much larger underlying issue.
I currently live in Germany, like about half of the population is in the age group that is allowed to work. About 1/4th of these work at minimum wage, and I would wager a guess that up to about another 1/4th is either officially declared "unemployed" (the official definition of that gets regularly messed with, guess why) or in a state every normal would declare "unemployed" one way or another.
On the other hand you have massive automation everywhere, but taxes for companies are totally different to taxes for people, and the basic idea of retirement is that the current production output is paying the retirement for the current old people. From a large scale view on this it shouldn't be an issue for Germany, but they face similar issues like France and sticking through the status quo doesn't leave many options in the end with a system like that.
And yes, it obviously is larger scale, because as you see, it is not just retired people affected by the problem, it is everyone, kids included (their parents being the proxy).
Now think about how multinational corpos use nation states for their own benefits and other such stuff and you see that where things are currently heading on the larger scale is actually the worst possible option to fix anything, it just speeds this entire process up towards the breaking point. For all this "intelligence" humans supposed to have, this whole thing is a terrible joke.
I currently live in Germany, like about half of the population is in the age group that is allowed to work. About 1/4th of these work at minimum wage, and I would wager a guess that up to about another 1/4th is either officially declared "unemployed" (the official definition of that gets regularly messed with, guess why) or in a state every normal would declare "unemployed" one way or another.
On the other hand you have massive automation everywhere, but taxes for companies are totally different to taxes for people, and the basic idea of retirement is that the current production output is paying the retirement for the current old people. From a large scale view on this it shouldn't be an issue for Germany, but they face similar issues like France and sticking through the status quo doesn't leave many options in the end with a system like that.
And yes, it obviously is larger scale, because as you see, it is not just retired people affected by the problem, it is everyone, kids included (their parents being the proxy).
Now think about how multinational corpos use nation states for their own benefits and other such stuff and you see that where things are currently heading on the larger scale is actually the worst possible option to fix anything, it just speeds this entire process up towards the breaking point. For all this "intelligence" humans supposed to have, this whole thing is a terrible joke.