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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]

#51

Post by coretx »

nritchie wrote: post #29
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.

But if you don't have very many dollars in your pocket, you don't have very much say.

Votes and Money are overrated. It's possible to change legislation without being in office and on a 0 budget. I don't have the t-shirt, but i've been there and have done it. Everyone can. The focus on votes and money makes people feel more powerless than they really are, this in turn, harms democracy ~ actually is at the expense of civil/individual power&influence.

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

#52

Post by deadeye »

fyrn_ wrote: post #21
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…

There's no modern eqivalent of Carnegie libraries. I'll take my chances with the government, at least we have some control of what they do

Khan Academy?

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

#53

Post by deadbabe »

wakawaka28 wrote: post #49
ruined wrote: post #35

Earlier quoted context omitted.

global ocean temperature has broken records every single day for more than a year running now

What does that have to do with anything?

It seems off topic but yea I get what he’s saying, all countries are basically in this mess together because of climate change.

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

#54

Post by voisin »

obsoletehippo wrote: post #44
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.

Want to give any evidence of your Boogeyman Trudeau's efforts to punish the middle class?

Anyone with eyes can see adding more than a million people since COVID began without laying the groundwork in terms of residential capacity or healthcare capacity can see the impact. It’s kept wages suppressed, house and rent prices inflated, and family docs MIA.

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

#55

Post by janalsncm »

pylua wrote: post #36
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.

As I was waiting in a long checkout line at the grocery store (one checkout line was open of the 8 available) I looked up the owners. Turns out it is a subsidiary of a regional grocery owned by private equity. No doubt there is some calculation of cost benefit.

I took the survey on the receipt I got and told them it was clear how their private equity ownership degraded my experience, and that they need to hire more cashiers.

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

#56

Post by Zod666 »

obsoletehippo wrote: post #44
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.

Want to give any evidence of your Boogeyman Trudeau's efforts to punish the middle class?

Well, about a year ago he put a 2 year ban on foreigners purchasing homes. But his reason for doing this was housing market fluctuations due to COVID. Due to COVID?!

The housing market has gone to insane levels. Certainly it's not all due to foreign buyers, but why as a citizen would I want to compete on the global market for our homes? The answer is I never want to complete globally for something that should sell locally. But government never wants to stand in the way of inflows of foreign money.

Anyone I know with a home in Canada expresses the sentiment, 'thank god I got in when I did or I'd never own a home.'. And they're right, they shouldn't be, but they are.

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

#57

Post by jonathankoren »

VS1999 wrote: post #47
jonathankoren wrote: post #7

Earlier quoted context omitted.

You know, your proposals are also engineering society. It’s just a society of the 1800s and before. It sucked. It sucked for the vast majority of people. Life may still suck, but it sucked a lot worse then. To be completely clear here. When you say, “ accept this will lead to wealth inequality but maybe a benevolent billionaire class will be more likely to 'fix' society more than our 'elected' representatives can.” Y…

Do you use twitter? The rhetoric in this post has the exact cadence of someone who spends a lot of time on social media.

[flagged]

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

#59

Post by janalsncm »

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…

They can. The media will do everything in their power to distract people and prevent them from identifying the things truly causing their problems. As long as people think the main problems in America are immigrants or trans people or racists, they won’t look at who is picking their pockets.

(This isn’t even to say there aren’t real problems. But they have enormously outsized influence.)

Any politician who correctly identifies these issues will be labeled as fringe. So likely the only solution will be local politics.

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

#60

Post by janalsncm »

gregwebs wrote: post #50

This is correct on the symptoms (it's harder to make a living now) but still missing a full understanding of the causes. Much of this comes down to debt. After the GFC, US government debt went from 60% of GDP to 100%. After the pandemic it shot up and settled at 120%. [1] Countries don't function well with this level of debt. Inflation is a way of dealing with debt without explicitly raising taxes. But it's the most…

He did mention debt towards the end. Debt is certainly part of it, but not the entire picture. I don’t think the substantial increase in teen girl suicide is because they spend too much time reading up on debt numbers.
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