Charity should be a hierarchy. It begins with the family. A government safety net should be at the other extreme for those with little or no family support (although how to determine that is unclear.) So a government safety net needs to be clearly defined and equitable.
Those things identified as insurance actually should be. Unemployment insurance? If you paid in, you get a lump sum and have a good life. Social security insurance? Here’s an annuity and have a good life. No worries if the system is solvent. The money you paid for decades should be able to purchase an annuity in a competitive market.
Charity should be a hierarchy. It begins with the family. A government safety net should be at the other extreme for those with little or no family support (although how to determine that is unclear.) So a government safety net needs to be clearly defined and equitable.
Those things identified as insurance actually should be. Unemployment insurance? If you paid in, you get a lump sum and have a good life. Social security insurance? Here’s an annuity and have a good life. No worries if the system is solvent. The money you paid for decades should be able to purchase an annuity in a competitive market.