France is experiencing social unrest due to a disputed pension reform that aims to increase the retirement age and the number of years of work required. The reform has sparked protests and a democratic crisis, with the government using controversial mechanisms to force the legislation through. Critics argue that the reform exaggerates the unsustainability of the pension system and serves as a stealthy privatization attempt.

The reform is expected to disproportionately affect vulnerable groups such as those in strenuous jobs and women. The global trend of financialized pensions in countries like Chile has not delivered the promised benefits and has burdened public finances. Financialization is viewed by some as an alternative to national solidarity, appealing to a belief in meritocracy.

The digital age has further disrupted collective stories and societal structures, making it necessary to rethink the role and funding of the state. Ideas like taxing financial transactions and utilizing blockchain technology for greater transparency are proposed. A reimagining of the state in the digital age is essential for concrete proposals and a better world. 

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