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Some people pay bills they never agreed to. They did not vote, were not consulted, and were not in the room. Many had not even been born when the decision was made. They are the generations to come. In a recent interview with El Grand Continent about his book La Tyrannie du présent, the French thinker Pierre Rosanvallon puts forward an unsettling idea: for more than a century, politics was organized around conflict between social classes; today, another conflict is growing, this time between generations, yet it still has no name of its own, no parties, no unions, and no forum for debate. It is a silent struggle. His example is debt: when a society fails to decide today how to pay for what it spends, it passes the bill on to those who come after it. Something similar happens with pensions. The future always pays. The idea comes from Europe. Here, we extend it to the whole world. What Is a Debt to the Future? Not all debt is unfair. A family that takes out a loan to finance its daughter’s education is not doing the same thing as one that borrows to pay for groceries. The same applies to countries: a port, an electricity grid, or a school can provide decades of benefits to those who ultimately pay for it. The problem arises when the future pays for something it does not receive. Every generation leaves three legacies: debts (what others will have to repay), promises (such as pensions), and damage (a degraded environment, a weakened education system, and poorly maintained infrastructure). Every public decision should face one question: does what we decide today also benefit those who will pay for it? One World, Two Conflicts In the wealthy countries of the Global North—much of Europe, Japan, and South Korea—there are growing numbers of older people and fewer young people. Fewer workers support more retirees. Across much of the Global South, the situation is almost the reverse. Africa is now the world’s youngest continent, and large parts of South Asia, the Middle East, and Latin America have young populations. There, the conflict is less about who supports retirees than about whether young people will ever have formal employment that lets them contribute, save, and plan their lives. That is why the word “generation” does not mean the same thing in Paris as it does in Lagos, Dhaka, Karachi, or Lima. And many middle-income countries face an additional risk: growing old before they grow rich. The South Inherits Twice Future generations in the Global South bear the burden of decisions made by their own governments, like any others. But they also bear the burden of decisions made elsewhere, without their input: Foreign-currency debt: many countries borrow in currencies they do not issue, and the cost depends on interest rates and exchange rates determined far away. Climate: much of the accumulated pollution came from the countries that industrialized first, yet its effects hit hardest where there are fewer resources to adapt. Technology: the Global South uses platforms and AI systems it does not design, governed by rules it does not write. Its young people inherit tools, but also dependencies. In the North, the future pays for the choices of its own present. In the South, it also pays for the choices of others. Not All Young People Are Alike Generation does not replace social class: it intersects with it. Two 28-year-olds, one who inherited a home and another who rents while working three jobs, belong to the same generation but not to the same future. Framing the conflict as “young versus old” can pit a poor retiree against an unemployed young person, while the wealthiest—whatever their age—remain outside the debate. Urgency Is Also by Design Our screens are designed to capture our attention right now. Urgency sells; the long term does not generate clicks. But what is designed can be designed differently. What Can Be Done Representatives of the future with real power: some countries have already established commissioners or committees for future generations. I propose giving them the authority to halt or delay decisions, not merely to advise. Rules that distinguish between the purposes of borrowing: investing is not the same as covering current expenditure. Forums where generations can debate together, such as the “parliament of generations” that a group of French students is working to organize. Education that teaches us to doubt rather than merely to hold opinions. As Rosanvallon observes, a community that shares its doubts can move forward; one built on fixed opinions makes little progress. Future generations have no seats in any parliament. Yet every decision we make today casts a vote on their behalf. The question is not whether we will leave a legacy, but whether we will behave like owners who spend without a second thought or like responsible tenants of a world we will sooner or later have to hand back.

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