My father worked in a textile shop. He started to work their early in his life and he left a few months before he died. His contract was clear and simple. “Come to work at the time we tell you, and you will have a job till you retire. When that time comes we will give you a gold watch during a high in color and official ceremony. Than, you will return home“.
This type of contract current at the beginning of the industrial revolution does’nt exist anymore. Let’s talk about the evolution of industry and the work force during the last decade.
A bit of history
For ages life has been divided in three phases. In the Greek mythology, for example, it was clearly expressed by a half human half lion creature: the Sphinx.
The legend tells that the Sphinx had been sent to Thebes to punish the city for the crime of king Laos, the father of Oedipe, who had loved Chrysippe with an homosexual passion. Settled on a large rock, the Sphinx asked questions to every traveller that passed by. He killed and devoured everyone that couldn’t solve his riddles.
One day, Oedipe came before the Sphinx who asked him to solve the following riddle: “ What being is gifted with a voice, walks on four feet in the morning, two at noon and three at night? ” “MAN,” replied Oedipe. “In is Young age he crawls on his hands and knees, as an adult he stand up, and walks with a cane in his old age.” Seeing himself outsmarted, The Sphinx threw himself off the rock and died. This is how Oedippe liberated the city from the curse of the Sphinx.
As centuries went by, this way of dividing the human life cycles in three phases was refined. A hundred years ago we’d say that a third of life was meant to learn, a third to work. and the last third was used to rest.
In 1935, when the depression was at its strongest, and where many couldn’t find jobs, the American government passed the Social Security act, a law that rendered the age of 65 as the official retiring age. Thanks to this law. the State permitted the younger generation to replace older workers that had reached the age of 65.
Effect of this law was immediately felt in the work force: If 68% of Americans of 65 still worked in 1880. this proportion moved to 30% in 1960, than 19% in 1980. So it’s perfectly normal that people born in the last decade expect that workers that reach the age of 65 retire; for them, this reality has always existed.
Since then government retirement regimes have been established according to the age of 65. We now suppose that whoever is over 65 is part of the Golden Age. Thank the the marketing efforts of financial planning businesses, many have come to think that the golden age is at the age of 55 and that its at this age that the real sentiment of liberty begins
The Golden Age
My father worked in a textile shop. He started to work their early in his life and he left a few months before he died. His contract was clear and simple. “Come to work at the time we tell you, and you will have a job till you retire. When that time comes we will give you a gold watch during a high in color and official ceremony. Than, you will return home“.
This type of contract current at the beginning of the industrial revolution does’nt exist anymore. Let’s talk about the evolution of industry and the work force during the last decade.
A bit of history
For ages life has been divided in three phases. In the Greek mythology, for example, it was clearly expressed by a half human half lion creature: the Sphinx.
The legend tells that the Sphinx had been sent to Thebes to punish the city for the crime of king Laos, the father of Oedipe, who had loved Chrysippe with an homosexual passion. Settled on a large rock, the
Sphinx asked questions to every traveller that passed by. He killed and devoured everyone that couldn’t solve his riddles.
One day, Oedipe came before the Sphinx who asked him to solve the following riddle: “ What being is gifted with a voice, walks on four feet in the morning, two at noon and three at night? ” “MAN,” replied Oedipe. “In is Young age he crawls on his hands and knees, as an adult he stand up, and walks with a cane in his old age.” Seeing himself outsmarted, The Sphinx threw himself off the rock and died. This is how Oedippe liberated the city from the curse of the Sphinx.
As centuries went by, this way of dividing the human life cycles in three phases was refined. A hundred years ago we’d say that a third of life was meant to learn, a third to work. and the last third was used to rest.
In 1935, when the depression was at its strongest, and where many couldn’t find jobs, the American government passed the Social Security act, a law that rendered the age of 65 as the official retiring age. Thanks to this law. the State permitted the younger generation to replace older workers that had reached the age of 65.
Effect of this law was immediately felt in the work force: If 68% of Americans of 65 still worked in 1880. this proportion moved to 30% in 1960, than 19% in 1980. So it’s perfectly normal that people born in the last decade expect that workers that reach the age of 65 retire; for them, this reality has always existed.
Since then government retirement regimes have been established according to the age of 65. We now suppose that whoever is over 65 is part of the Golden Age. Thank the the marketing efforts of financial planning businesses, many have come to think that the golden age is at the age of 55 and that its at this age that the real sentiment of liberty begins