General Discussion
In reply to the discussion: Young Adults Say Our System Has Completely Failed [View all]Warpy
(114,316 posts)This is end stage ccapitalism, wealth concentrated into as few hands as possible, predatory corporations pursuing monopolistic behavior to kill off competition, and young people realizing they're the third generation who will most likely do worse than their parents, grandparents, and great grandparents did.
If it all plays out like it usually does (and Marx had a great description of it), a few tiny cracks in the structure will start to appear and then the whole structure will collapse, seemingly without warning to people who aren't paying attention. Reforms will be enacted, GenZ will be poised to take advantage of them, and the whole cycle will begin again. The crash is toughest on those too old to start over.
The real problem is that nobody has come up with a more efficient system than boom-monopoly-bust capitalism. Perahps a go of putting Social Democrats in charge will give us a mixed system less prone to fast buck guys pushing as much brutality as they can into the system. Other than that, I'm like Marx, I got nothin'.