Aging populations in countries like Japan and Italy are often framed as an economic crisis, but I think we're overlooking the real problem: we still design pensions and healthcare around a 20th-century workforce model. Japan's fertility rate is 1.2, yet its unemployment is under 3% — the issue isn't too few workers, it's that we refuse to adapt jobs and social systems for older people. Should we accept that a shrinking population forces us to rethink growth, or keep pushing pro-natalist policies that ignore the underlying structural fixes?