Democracy's relationship with future generations is complex. While democratic governments often implement superior policies for future generations in areas like sustainability and education compared to autocracies, they face inherent short-term biases. This tendency to favor immediate gains can lead to the neglect of future interests, potentially compromising the rights of those yet unborn. To counteract this issue, various institutional mechanisms are being championed, including the establishment of specific roles and committees focused on intergenerational fairness. Countries like Finland and Wales are pioneering these initiatives, aiming to create a fairer distribution of resources across generations.
Democracy allows for better policies for future generations, but its focus on short-term gains often sidelines the interests of those yet to be born.
Institutional mechanisms, such as intergenerational committees, are proposed to ensure that democratic governance accounts for future generations in policy decisions.
Without institutional reforms addressing short-termism, democracies risk neglecting future generations' rights, emphasizing immediate benefits over long-term well-being.
Countries like Finland and Uruguay showcase varying approaches to promoting intergenerational fairness through specialized committees and deliberative processes.
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