Bismarck’s Retirement System: A Scheme Designed… So Workers Would Never Benefit?
Did you know that the very first retirement system, invented by Bismarck in 1889, set the retirement age at 70, while workers often died before 50? When solidarity masks state cynicism… #retirement #history #Bismarck #cynicism In 1889, Otto von Bismarck, then German Chancellor, invented the very first public retirement system, citing the misery of aging workers. Behind this apparent social…