Gen-Z

This article from MIT Technology Review provides not only a bleak prognostication for Gen-Z as a generation, but interesting facts on the figure heads for various economic models and their beliefs.

I have not read Keynes, god forbid Milton Friedman, or Marx but I found the article very interesting.

Keynes predicted that Capitalism would last approximately 450 years. That’s 2030 by his reckoning. Keynes assumed humanity would have solved its problems and moved onto bigger and better things. Sadly though, that’s clearly not the case. We have massive income inequality and Gen-Z will clearly not do better than their parents. That massive inequality can be laid squarely at the door of Friedman laissez-faire economics which have done nothing but tilt the playing field to capital and concentrate wealth at the expense of the general welfare of people and planet alike. That’s Marx’s immiseration thesis come to life. Keynes’s it seems was quite utopian in his outlook, but Marx’s dystopian outlook seems just as likley to be the accurate outcome.

One protest sign at the youth climate strike put it succinctly: “You’ll die of old age. We’ll die of climate change.”