What We Owe Each Other

A New Social Contract

Minouche Shafik

Having read it

★★★★

A good read (with common sense perspectives on matters) that should be read, debated, learned from and its themes pursued and explored for all of us to better live, support and collaborate with each other.

A good passage

What is also undeniable is that ageing will require the next generation to work much longer and change jobs many times over a lifetime. An adult today might be able to get through a working life of 40 years based on what they learned in their teenage years and their twenties. This is highly unlikely when working lives stretch to 60 years. A child born today in an advanced economy is more likely than not to live to 100 years. That amounts to 873,000 hours of existence. If it takes about 10,000 hours to master a new skill, then it becomes feasible to do so several times in an age of longevity.

A second good passage

Nature is the world’s best carbon-capture technology, and if we include its services in our calculations, we will make better investments.