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Scott Galloway: How the US is destroying young people's future [video]

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Re: Scott Galloway: How the US is destroying young people's future [video]

#31

Post by nyokodo »

jmclnx wrote: post #3

He is right, but the young can change things. The sad fact is they do not vote, and if they vote at all it is only in presidential. Even in those elections well less then 50% vote. They are a big voting block, if they all start voting, including in local elections, in about 10 years you will see change. But seems people these days want instant change. 2024 will be a big tell for the young, depending on who wins, thin…

> the young can change things

It depends on who you’re calling young and which country you’re talking about. Millennials in the US will be the largest eligible voting block for the next 30 years at least, and maybe longer if they don’t have kids at a greater rate. Gen Z [edit: typo] is the smallest generation as a percentage of the total in US history so they’ll be out voted by older voters for the rest of their lives. In most other western/developed countries even the millennials are hopelessly outnumbered by older voters.

Re: Scott Galloway: How the US is destroying young people's future [video]

#32

Post by FredPret »

miek wrote: post #14
0x53 wrote: post #2

Been a fan of Scott’s for awhile. Don’t agree about everything but I think this video calls out the most important systemic problems.

I agree, and it's sad to feel the need to say this, but it's so important in this inflammatory era to respond positively to ideas and opinions despite not agreeing 100% or even 80%, because too often the baby is thrown out with the bathwater (especially online)

God yes, let’s bring this back. 80% agreement or even 50% is a foundation for progress.

Insistence on 100% agreement is a recipe for fragmentation.

Re: Scott Galloway: How the US is destroying young people's future [video]

#34

Post by janalsncm »

siliconc0w wrote: post #6

I find it interesting to think you can socially engineer a society. It's such a unfathomable complex system that most the time, I imagine we're probably only 'right' by accident. Like one of scott's prescriptions is higher taxes - sure maybe that could be good if paired with wiser government spending but realistically that may just get poured into unproductive subsidies, regulations, or healthcare and military-comple…

> I find it interesting to think you can socially engineer a society.

It’s not really a secret. That’s the entire purpose of our tax code, social security, Pell grants, and pretty much every government program out there.

> a benevolent billionaire class

This is called oligarchy. For the vast majority of people, an oligarchy is not a very nice place to live. Just look at Russia.

I should add there’s nothing about tax breaks for billionaires that will make them “benevolent”. Typically that kind of wishful thinking metastasizes as a trickle down economics myth, but time has shown that to be a myth.

Re: Scott Galloway: How the US is destroying young people's future [video]

#36

Post by pylua »

ryanchoi51 wrote: post #8

The social contract of working hard and being able to own a home or start a family has been broken. This is especially true in Canada, where the government seems to be doing everything in its power to erase the middle class.

In the U.S., a lot of places I go seem to be run by skeleton crews with workers that are deeply dissatisfied. Something is fundamentally going awry.

Re: Scott Galloway: How the US is destroying young people's future [video]

#37

Post by devoutsalsa »

coretx wrote: post #20
jmclnx wrote: post #3

He is right, but the young can change things. The sad fact is they do not vote, and if they vote at all it is only in presidential. Even in those elections well less then 50% vote. They are a big voting block, if they all start voting, including in local elections, in about 10 years you will see change. But seems people these days want instant change. 2024 will be a big tell for the young, depending on who wins, thin…

Every individual with a Dollar in his/her pocket votes at every transaction. This may have more influence on powerful corpororations compared to voting for a party you have even less of a relationship with or stake in.

People with lots of money vote. So even if money is more powerful, dollars are a supplement for voting, not a replacement. If you don't have enough money to lobby an elected official, that makes voting that much more important.

Re: Scott Galloway: How the US is destroying young people's future [video]

#38

Post by coretx »

javajosh wrote: post #24
coretx wrote: post #20

Earlier quoted context omitted.

Every individual with a Dollar in his/her pocket votes at every transaction. This may have more influence on powerful corpororations compared to voting for a party you have even less of a relationship with or stake in.

It's a difference of kind, not degree. A dollar is a vote within a marketplace; a vote determines the shape of the marketplace itself. The idea that the market can solve all things is core to neo-liberal capitalism, but has been widely discredited. In fact, Scott Galloway's excellent talk can be seen as the direct result of neo-liberal policies since the 90's.

That's why we should not try to solve problems using it, but power and influence it has; perhaps even more than only going to vote. Point in case: Democracy does not end at the vote boot, it's not even remotely where it begins. Policy and politicians don't spawn from a vacuum, and we are all part of their environment; some choose to be part of their environment more than others ~ by various means. This helps shape the society everyone shares.

Re: Scott Galloway: How the US is destroying young people's future [video]

#39

Post by e-colibear »

Interesting that Scott mentions NIMBY as an issue early in the video, but doesn't list it in his final slide on the prescription to our societies ails.

All of these problems seem downstream of housing affordability. It appears more wealth can be accumulated from young people having expanded access to more housing to build equity with. With more wealth, the young people can start sorting the mess out themselves.

I'm hesitant to support many of his proposals because they seem much smaller in magnitude to NIMBY and many could have civil liberty concerns.

Re: Scott Galloway: How the US is destroying young people's future [video]

#40

Post by ilrwbwrkhv »

ilrwbwrkhv wrote: post #19
ryanchoi51 wrote: post #8

The social contract of working hard and being able to own a home or start a family has been broken. This is especially true in Canada, where the government seems to be doing everything in its power to erase the middle class.

Ontario's conservative govt has made the entire state a third world country.

Just to clarify the current Ontario premier comes from a family of drug dealing and massive fraud. His govt has played a part in the largest education scam in the country. All the immigration stuff you hear about comes about as students to fake universities who have been granted licenses by his govt in exchange for money and they have no intent to study.
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