How should society care for the elderly?
Question: How should society care for the elderly?
Robert Butler: Well, we are not well prepared. #1, the baby boomers in particular are very poorly prepared. They have only about 40,000 dollars in their 401Ks. They are going to have work longer. There is no escaping it. Otherwise, they are not going to have a full stomach at night. The society as a whole is not prepared. We don't have doctors well prepared to take care of old people. No one is really facing the music and solving social security. The healthcare system is still an awful mess and confused and fragmented with [Inaudible] incentives. We don't have an adequate hospital system that is safe. People get sick and mistakes get made everyday in American hospitals. So, we have a lot to do and we are not well prepared for the baby boomers and the baby boomers are not well prepared for their own old age.
Question: How do we fix it?
Robert Butler: I have a controversial view that it would be nice to end the private health insurance system and to have more of the European type system because they only spend 10% of their GDP on healthcare. We spend 16% and out of every dollar that we pay for health, we are actually paying about 20% for claims adjustment, for profits, for marketing, for shelling, not for the actual delivery of healthcare. So, we have got a real job to do in patching up this healthcare system.
Recorded on: Mar 17 2008
We are not prepared financially, Butler says.
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
Is it "perverseness," the "death drive," or something else?
A disturbing interview given by a KGB defector in 1984 describes America of today and outlines four stages of mass brainwashing used by the KGB.
- Bezmenov described this process as "a great brainwashing" which has four basic stages.
- The first stage is called "demoralization" which takes from 15 to 20 years to achieve.
- According to the former KGB agent, that is the minimum number of years it takes to re-educate one generation of students that is normally exposed to the ideology of its country.
It's up to us humans to re-humanize our world. An economy that prioritizes growth and profits over humanity has led to digital platforms that "strip the topsoil" of human behavior, whole industries, and the planet, giving less and less back. And only we can save us.
- It's an all-hands-on-deck moment in the arc of civilization.
- Everyone has a choice: Do you want to try to earn enough money to insulate yourself from the world you're creating— or do you want to make the world a place you don't have to insulate yourself from?
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.