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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]

#71

Post by n-i-m-a »

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…

What happens when neither candidate is your ideal candidate? In my country, it has been decades that people have had to choose between bad and worse. All handpicked by the "system" and not a single one being an ideal candidate for the "people".

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

#72

Post by wakawaka28 »

deadbabe wrote: post #53
wakawaka28 wrote: post #49

Earlier quoted context omitted.

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.

Climate change, if it's even real and worth worrying about, is a different mess from prevailing economic conditions. That is, unless you think elites are sabotaging our economies and lives to advance some climate agenda. I don't put it past them but I think the economy is more likely screwed for other reasons.

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

#73

Post by archagon »

aaomidi wrote: post #67
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 sad fact is they do not vote, Vote for who? Like, legitimately, who? > 2024 will be a big tell for the young, depending on who wins, things could get far worse for them. Will it though? The current state is decades of shitty politics from both sides of the aisle leading us here. > the young, if that have patience, can change things by voting in all elections. Every major, positive, change in the US has come fro…

Well, it may preserve democracy for another round. It’s not glamorous but the alternative is horrible.

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

#74

Post by wakawaka28 »

janalsncm wrote: post #62
deadbabe wrote: post #53

Earlier quoted context omitted.

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

It’s a bit reductive. It doesn’t explain the discrepancies between countries. Every country is going to be negatively impacted, that doesn’t mean the problems we are already seeing are the result of climate change. On the other hand it does speak to the fact that governments can’t seem to get their shit together even when a problem is so clearly carved up and served on a silver platter as climate change.

Climate change is not a clear problem, much less one that is clearly due to humans. There are no clear solutions either if it is real. Everyone needs fossil fuels until some actual alternatives make sense, regardless of what hysterical "experts" have to say about it. These same "experts" are probably secretly plotting to kill off or imprison billions of people to reduce emissions.

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

#75

Post by candiodari »

deadbabe wrote: post #23

Is there any large country that has not utterly destroyed their young people’s future?

This isn't really what happened. All financial systems were built on the assumption of massive (native) population growth, including of course job growth. When this failed, next up was mass-immigration to attempt to make up for the fact that the numbers coming out of schools can't make up for people "leaving the workforce". Of course, now we find out immigration ALSO cannot cover the people leaving the workforce. Some of it works, to be fair, but too much doesn't, and people don't like the culture being imported.

The issue is, by the way, not that growth stops but that we're currently committed to about a halving of population in most of the developed world. But if nothing changes that could easily become an 80% or more drop.

There is no way in hell our financial system survives the next 20 years without MAJOR changes. Not going to happen.

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

#76

Post by nojvek »

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…

Vote when all the choices are oldies? Senate is the oldest it’s ever been. Many over retirement age.

We’ll be voting on two ~80 year olds as presidents who both can’t run a 100m sprint.

There are less young every year.

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

#77

Post by cm277 »

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…

Screw voting, they need to run for office. I am Gen X and one of the things that bug me is that we (GenX) haven't had a President from our cohort. Bill Clinton right now is younger than both candidates and he was first president 32 years ago... Our generation has been missing from politics and it may be too late for us: Millennials should step up and run for office.

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

#78

Post by FredPret »

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

There’s a ton of kids in Africa who are not dead because the Gates Foundation made it so.

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

#79

Post by gregwebs »

lIl-IIIl wrote: post #58

I've been hearing a lot about how the latest generations have a lot less wealth than their parents. SonI was surprised to read The Economist reporting the opposite: https://archive.is/lwKKk

That article shows millennials doing poorly though. I don’t think that article tells the full story. It uses inflation adjusted numbers but almost everyone believes real inflation is higher than government figures. The numbers are also averages- it would be great to look at different percentiles.

If we assume the article is true, that’s still not a great outcome – a younger generation achieving the same amount of wealth as much older generation. Younger generations should be achieving greater levels of wealth in an economy that’s growing and with larger amounts of deflationary technology.

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

#80

Post by gregwebs »

deadbabe wrote: post #23

Is there any large country that has not utterly destroyed their young people’s future?

Is Norway large enough for you? A big part comes down to building up debt that children pay for or in Norway’s case building up reserves that are given to children.
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