It is one of the hidden mechanisms by which the majority are kept in their place. In a position tantamount to that of a feudal serf, who is permitted to work so that he may continue to pay his fief overlords.
And not cause any trouble by becoming too independent.
It is very difficult for the average person – especially the average young person – to accumulate capital in our system because after taxes – and mandatory insurance payments – there is very little capital left over.
Just as intended – or even if not. The effect is the same, regardless.
Capital is leverage – the means by which a person can increase his capital. Mandatory insurance – after mandatory taxes – leaves not much to leverage. The average person can just about pay his necessary living expenses after he has paid his mandatory taxes and mandatory insurance.
He lives to work – and works to live.
Until he dies.