TED Talks Daily Why young people are worse off than their parents — and what to do about it | Scott Galloway and Chris Anderson
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Jul 18, 2024 
Scott Galloway, an NYU marketing professor and entrepreneur known for his bold insights, joins TED's Chris Anderson to discuss the alarming economic challenges facing today's youth. They delve into the idea of 'intergenerational theft,' addressing rising housing costs, the mental health crisis fueled by social media, and the urgent need for tax reforms. Galloway's passionate rants highlight systemic injustices and propose innovative solutions to ensure a brighter future for young people, calling for collective action and cultural shifts.
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Broken Contract
- The social contract is broken, as younger generations face declining prosperity.
- This breeds resentment and challenges the fundamental societal agreement.
Weaponized Government
- Incumbents manipulate regulations, like housing permits, to increase asset values.
- This restricts new entrants, widening the wealth gap.
Revitalizing Higher Ed
- Biden should invest in public institutions, mandating tuition reduction and enrollment expansion.
- This revitalizes higher education's accessibility and affordability.