Equitable Opportunities

Rather than enjoying upward social mobility, young people now often face worse economic prospects than their parents, particularly in terms of income, savings and housing. To ensure intergenerational fairness, finding ways to create equitable access to economic opportunities and life chances is therefore key. In this workshop – in partnership with Zukunft-Fabrik.2050 – participants will develop visions for the economic dimension of a New Generational Contract for the year 2050. How can we foster equitable economic opportunities across generations?
Investing as much in the young as spending on the elderly
Increasing Intergenerational Social Mobility
Crafting fiscal policies which balance generational interests

We aspire to spend at least as much resources on the first ten years of a person’s life as on the last ten years. This necessitates greater means for education, especially early childhood education, and putting pension and health systems on a sustainable footing.

We want to enhance intergenerational social mobility by creating more equitable access to social capital. This requires the creation and strengthening of societal and economic institutions which brings together young people from different social and economic backgrounds.

Going forward, towards the year 2050, our ambition is to craft a balanced approach to fiscal policy and government spending which allows for even larger investments in the interest of future generations (such as education and green infrastructure).

What do you think?