Why Are The Old Leading in All Areas of Power

in LeoFinance3 months ago

Have you noticed that we are living a world ruled by older people and it looks like the never to young to rule is just a dream. The average age of CEOs in publicly traded company is 58 years, the average age of a board of director is 64, the average senator of any country is around 60 with presidents of world powers ranging from 70 to 84 years old on an average and for people in other country, the president is a minimum of 40 years older than the average youth.


Image: Flickr

Baby boomers are the highest population in majority of the world at least up to the 2000s and these people didn't just sit down waiting for people to spoon feed them, they were working to make sure they were able to climb the ranks and files of public positions, and politics. Due to their population, when they were young, they were able to vote for free education, good schooling and their parents also wanted their children to have a great future since they were the future of tomorrow which is today. As they grew older, they were able to demand fair worker pay, worker's protection, affordable housing, and they also did what their parents did by demanding for policies that will help them to be able to raise their children right.

We are in the world were they are now more older with most of them owning their homes, and having businesses. At this point, they want lower taxes, on their homes, their jobs, and their businesses. They also began to invest and with their investment yielding after experiencing a few market crash, they are able to demand for lower taxes on their investment returns and they also demand great retirement opportunities but this is not the same for the generations after the baby boomers.


Image: Flickr

In recent time, it looks like the world is in the hands of the elderly and unlike what you would expect with competition when there are people of the same age group, it looks like these people are actively competing as everything seems to be properly set for them. After the 2nd world war, the world was on a race to create wealth, and the people available for this wealth creation were the baby boomers. It was in their time that women got into trade, it was in their time that global trade was properly adopted, and the world today is now much wealthy than 100 years ago.

The ability for baby boomers to get a lot of wealth in their life as they grew older allowed them to be able to turn that wealth to influence and power. But then you ask what if they die? The average boomer has a child that is average 35 years old and they are already grooming them to take over from them which means that by the time you would be expecting that old man to die and leave his wealth and influence to a much younger person, the person is already on his way to having his second child or even about paying for his child's university fees which means the person who is suppose to take over will also look old as at the time of taking over.

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