A different kind of pension system

For transparency and my own agenda, I strongly dislike our previous government, the Social Democrats with the support of the Green Party and the tacit acceptance of the Left Party. Politically, I am very far from the Swedish Social Democrats, their partner parties, communism and socialism.

Like pre-industrial and early industrialized Sweden (as in most agricultural societies), the Swedish population relied on a high birth rate, primarily to support their parents in their old age, there are still countries where people secure their pensions by having many children.

At the beginning of the 20th century, a change took place in Sweden and people largely stopped relying on having many children primarily as a way of securing their old age, with the decisive turning point around 1913–1935.

In 1913, Sweden introduced the world's first universal public pension system, a basic old-age and disability pension available to all citizens. In 1935, the system was significantly reformed and strengthened with a more comprehensive universal basic pension (folkpension), which became a cornerstone of the emerging Swedish welfare state.

Even though I gave birth to the most perfect child in the world and therefore should have significantly more 😉, I'm grateful that I don't have to. But given how badly Swedish politicians, and I'm thinking mainly of the left-wing politicians, are eroding Swedish pension money through countless of reckless investments in both green energy and startups, maybe we have to return to the old system...

AI generated image with Grok