A Qualitative Analysis of The Demographic Challenge and the Future of Work

Abstract: This thesis immerses into the debate on the demographic shift that, in past years, has been characterized by widely diverse opinions and standpoints. The unpredictable nature of the expected challenge has inspired this qualitative analysis to explore and question the proposed effects of an aging population. Furthermore, this literature review investigates the suggested strategies and means to manage the demographic challenge. As an aging population calls for major social change, the emphasis on the characteristics of modernity allows this inquiry to gain a profound and far-reaching understanding of society and its continuous thrive for development. This thesis strives to generate a more nuanced perspective on the demographic shift by analyzing the challenge within the context of work and labor markets, technological innovations and social contracts. The findings indicate that many suggested strategies seem inadequate for implementation due to the inabilities to fit in with the specific prospects. The thesis concludes that motivations for Universal Basic Income are solid in terms of its potentials to address some of the identified concerns. However, more trials and experiments on a larger scale are necessary to fully understand the ramifications of introducing such a system.