January 3, 2018
A Future Without Kin?
At the Joint Economic Committee’s hearing on social capital in America, Harvard political scientist Robert Putnam highlighted a looming problem that has flown under the policy radar. Many people know that we face a challenge of providing elder care for baby boomers. But what is less recognized, according to Putnam, is the burden that deficits of social capital in this generation will place on paid forms of care. The boomers “will almost certainly require substantially more paid eldercare per person than their parents’ generation.”