Think young people are hostile to capitalism now? Wait for the next recession

I havent heard of anything much or meaningful in the US.

Do they? Try making a case that we don't need more than two sets of gendered pronouns in your tech job.

Because many young people are increasingly sympathetic to the anarchist argument for the dissolution of borders. That's not paradoxical, the argument is that the national state should stop having the power to limit the movement of people.

> Simultaneously they are pushing for policies that increase competition and lower their wages (immigration),

This isn't actually a true statement. Immigrants are less expensive labor for a community, freeing up more capital for civil services, education and facilities. The idea that immigration lowers wages is a populist argument made by capitalists and reactionaries alike. Modern corporate capitalists actually LIKE the state limiting the supply of immigrant labor behind elaborate processes and form-filling. So long as they get their quota promptly, that is.

this is what the constant specter of economic instability causes people to do. stash money under the bed, defer big purchases, and refuse to buy things that are not necessary for life. then, when the economy worsens, people feel like they are at least a little bit more prepared. the trick, of course, is that the actions taken to respond to their feelings of instability are more likely to cause a recession.

overall, the liberal-capitalist response to the outcry of the young public has been "shut up, get a job, consume more, be more competitive" -- and it will be just as tone deaf and infuriating in the coming recession as it has been since before the last recession.

I think what most people are really against is the one way street that capitalism established. It's a broken system, and it wouldn't matter if we had any other system as long as it would still be broken and abused.

On a global level, there are tax loopholes that allow multi billion corporations and individuals to pay essentially no taxes. This money is then used to further enrich the same parties through a financial market that is equally broken.

It has nothing to do with capitalism that wealth is created without a flow of goods or other value that is created from it. All it does is devalue all other wealth at a growing pace.

Capitalism is not ideal, it won't be. But if we moved towards actual, functional capitalism where governments did their part in keeping the whole thing from turning into a one way street, we would have a long way to go before we needed something else.