Earlier quoted context omitted.
>First of all, the aging population is the one with all the wealth. The working age population is the wealth. For example, you can have a country with 90 retired people and 10 working people. The 90 retired people can have $1M or $1B or $1T in their accounts, but it isn't going to matter if they have insufficient products/services to buy. The money just provides a relative ranking of what proportion of product/servic…
This is a fantasy. Those 90 returned people can spend their money anywhere in the world and do. Their relative ranking is multiple larger homes and those 10 working people paying them rent. Land value is not a product of labour -- in Canada it's an investment and a way to move/launder money from other countries. Many many properties being build that are not designed to be realistically lived in.
Also, at 90/10, the working people will surely start to wonder why they are paying rent (or tax) and who is going to stop them if they don’t. Same for invaders looking at obtaining the natural resources in Canada.
I picked an extreme ratio to illustrate the why, but in reality, it’s a far more gradual process, where ideally there is no violence, just various renegotiations of expectations.
> Land value is not a product of labour -- in Canada it's an investment and a way to move/launder money from other countries. Many many properties being build that are not designed to be realistically lived in.
It is sort of “land value is a product of labor from decades prior that has accumulated to the orderly, productive society today”. But that can gradually change.