#generational-inequality

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#student-debt #housing-affordability #higher-education #banking-fees #baby-boomers #wealth-distribution
Higher education
fromSilicon Canals
4 days ago

10 things Boomers remember being free that now cost an absurd amount of money - Silicon Canals

Essential services and opportunities once affordable—such as higher education and basic banking—have become increasingly expensive, imposing heavy financial burdens on younger generations.
US news
fromFortune
2 months ago

Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind | Fortune

Baby boomers control a disproportionate share of U.S. household wealth—about 31% and over $85 trillion—far exceeding younger generations.
US politics
fromFortune
3 months 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 months 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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