#generational-inequality

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#housing-affordability #capitalism-vs-socialism #zoning-policy #student-debt #millennials #socialism
US politics
fromFortune
2 weeks ago

Billionaire Peter Thiel warns if you 'proletarianize the young people,' don't be surprised they end up communist | Fortune

Restrictive housing policies created generational inequality, driving millennial disillusionment with capitalism and rising openness to socialism, necessitating policies addressing affordability.
US politics
fromBusiness Insider
3 weeks ago

A 2020 email from Peter Thiel on why young people may turn on capitalism is circulating after Zohran Mamdani's win

Excessive student debt and unaffordable housing leave young people with negative capital, reducing their stake in capitalism and increasing support for socialism.
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