Embracing Sabbaticals, Sunsetting Retirement Age
jacek.migdal.pl
jacek.migdal.pl
The idiom "Penny Wise And Pound Foolish" is _perfect_ for this type of thinking.
Under this style of system, you are betting that if you live to 'retirement' age, you'll continue to be able to work for the number of years you took off earlier in life. What happens when you can't?
This sounds like another way to screw over the working class and still make them poor in the end. This idea isn't radical, it's dangerous.
The proposed solution is a sacrifice of your older body in favor of good times when you're young. For some people, that's ideal.
This idea also doesn't work for those who do not have the financial means to take advantage of a sabbatical. This idea becomes one for the "wealthy" (relatively speaking). The underclasses continue to be subservient to money.
Are the underclass not worthy of this 'benefit'?
EDIT: I'm approaching this from an American POV. I can't speak for how Europeans live/take vacation/retire.