The need for and yet ultimate failure of Re-distributive pension plans are just one indicator of an inherent systemic scarcity of individual incomes in ratio to prices. You all can pi$$ and moan forever about inflation and the need for deflation or you can integrate Keynesian and Austrian theory and deal with both with Wisdomics/Gracenomics. Integration is Wisdom. Orthodoxy, especially rigid orthodoxy is stupidity. If you want to save profit making economic systems and not unconsciously support the death of them via rigid orthodoxy and the irrational computation that government intervention is ALWAYS synonymous with tyranny you will consider Wisdomics/Gracenomics.