Each generation’s savings for the future remain vulnerable to later raid

Evidence

Even those generations that might desire to depart from such presentism will be deterred by the fact that their efforts to promote the interests of future generations— for instance, by setting aside fi nancial resources or undeveloped land— will always be vulnerable to selfinterested raiding by intervening generations. Accordingly, the relation between generations is thought to resemble that between states, with a similar sense of silence and hopelessness. — Douglas A. Kysar, Regulating from Nowhere, 380

Categorization

  • XREF: connects to: Liberalism presumes abundant resources that make hard intergenerational choices avoidable — Douglas A. Kysar, Regulating from Nowhere: Environmental…, 394; Savings do not necessarily produce investment and can instead produce hoarding — Mark Blyth, Austerity: The History of a Dangerous…, 342; What we preserve today may not be valued by our descendants — Andrew Pettegree, Arthur der Weduwen, The Library- A Fragile History, 46

Broader Connections