A society which believes in a worthwhile future saves in the present so as to invest in the future. Contemporary Western society spends in the present and piles up debts for the future, ravages the environment, and leaves its grandchildren to cope with the results as best they can.
...our societies appear to be intent on immediate consumption rather than on investment for the future. We are piling up enormous debts and exploiting the natural environment in a manner which suggests that we have no real sense of any worthwhile future. Just as a society which believes in the future saves in the present in order to invest in the future, so a society without belief spends everything now and piles up debts for future generations to settle. "Spend now and someone else will pay later."