"What’s more, Gen Z’s older friends and colleagues, the millennials, do not bring with them the messages of hope they inherited from their Gen X forebears" Messages of hope from Gen X? What is this author smoking?
For real. I’m Gen X and don’t know anyone my age into their career at all, let alone foolish enough to worry about being productive for someone else.
I see the media has lost it's fascination with blaming millennials for everything that's wrong in the world. Gen Z, buckle up! (I'm just a Gen X-er continually amused by the show)
Well, someone's gonna have to do the slog-worthy work, otherwise no one gets civilization. You can whine about it as much as you want (who knows whining better than a journalist!?).
Pay them more. Otherwise the work goes undone. Civilization is not entitled to cheap, disposable labor.
Don't forget, the US allows slavery as a punishment for crimes. Criminalize homelessness and you solve your cheap disposable labor problem.
Asset prices are not wages. The latter is necessary for workers to survive, the former are imaginary numbers. One would expect the requirement to both cram down asset prices and push wages up for a healthy economy. It’s pushing numbers around on a spreadsheet. “A crash” is just a Rube Goldberg wealth redistribution mechanism (wealthy people own the vast majority of securities and real estate). I argue a crash isn’t w…
The issue is that there's entirely too much "short term thinking", which is code for "there is no one to speak for the middle class any longer". Yes, it's magic numbers and estimations stamped as iron-clad all the way down, but notions of a "healthy economy" are strictly contextual. "Software is eating the world" (h/t a16z), "1bn VR users by 2027" (zuckerberg), "100k starting" -- there's a clear imbalance, and someti…
"What’s more, Gen Z’s older friends and colleagues, the millennials, do not bring with them the messages of hope they inherited from their Gen X forebears" Messages of hope from Gen X? What is this author smoking?
Seriously, forgive me while I compose myself
I'm a millennial that gives their gen X brother a place to live... his life was a continuous reminder that hope [where we grew up] was misplaced.
"Bare Minimum Mondays" sounds exactly like the kind of thing a "gospel of productivity" would promote. If the article had to be boiled down to one thing, it would be the fact that housing is too expensive. Which is frankly a derivative of the fact that for decades the US has promoted wealth building on the backs of real estate, which is unsustainable for obvious reasons . Also, replacing work, which even if it doesn'…
Why should house prices in USA be any different than any other country? Adjusting for the current different real estate prices are much more in many other major cities around the world than that of in USA.
You only get to decide how much productivity is enough if the world is not competitive. Which it is. Your output is driven by the guy who's gonna eat your lunch otherwise, not by your vibe.
How does that work within the context of an office place? Not all corporations have internal cultures that encourage competition between coworkers. And at some point it's no longer productivity that causes one to get ahead, but politics.
The author doesn't consider our parents and their parents didn't own a modern house walking distance from dinning and entertainment which is what most people aspire to today. They also married very young, had three kids before 25 and signed up for 30 year loans to pay their cookie cutter suburban homes. You could technically do the same today, it's just that living that type of life would be absolutely terrifying for many. On a separate note, I work with many Gen Zs and they don't fit the stereotype everyone talks about. In my experience they are hardworking, motivated and make amazing teammates. They aren't complaining about how stressful is to work 40hr/week from home.