The Depressing History of Retirement

How History Works
How History Works
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Written By: Sam

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Retirement will retire before you do.

At least, according to some doomsday economists. They say impending recessions, a drop in birth rates, and the younger generation’s insistence on never having kids means the West is set to have an aging population that will make Japan’s situation look Neverland.

But with its dependency on a stable economy, you can see why some fear we’ll be working until the day the Grim Reaper hands us a pink slip. Just look at what happened in France when the government delayed the retirement age by just a few years: Civil unrest, riots, and a whole bunch of angry French people. No one wants to see that! Working life during the ancient civilizations was so different because the conditions were so different. A life expectancy of 30-some years meant your short-lived career was likely a) very short-lived b) in back-breaking labour. And that goes double for the slaves!

Your day finished when your boss said it was finished, and the crack of the whip did more to motivate you than office posters of cats hanging from trees. On the flip side, anyone who lived long enough to get wrinkles was respected by society despite not being physically able to contribute to it.

Their wisdom and experience were seen as divine. So when you were in the labour market you were treated like garbage, but as soon as you survived it, you had street cred. Yet, your retirement relied on your own savings and family support. Without that, each day relied on the kindness of strangers.

From that point on the groundwork was set for a new way of thinking about work. But it took a lot of time and radical thinking to get where we are now. It’s time to learn How History Works as we figure out ‘When Was Retirement invented (and When Will it Die?’)

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SOURCES
https://fortune.com/2023/01/25/us-pop...
https://apnews.com/article/france-pro...
http://workethic.coe.uga.edu/hatcp.html
https://www.ft.com/content/51c06df6-b...
https://groups.csail.mit.edu/mac/user...
https://www.metmuseum.org/toah/hd/mon...
https://www.britannica.com/event/Indu...
https://www.history.com/topics/europe...
https://www.britannica.com/money/soci...
https://www.jstor.org/stable/45307677
https://www.britannica.com/story/caus...
https://www.loc.gov/classroom-materia...
https://www.archives.gov/milestone-do...
https://www.jstor.org/stable/3132163
https://politicalscience.yale.edu/peo...
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