AI Snips
Chapters
Transcript
Episode notes
Gen K's Values and Distrust
- Generation K prioritizes morals and ethics, caring about helping others and worrying about inequality.
- However, they distrust big corporations and government due to perceived unfairness in capitalism.
Impact of 2008 Crisis
- The 2008 financial crisis, caused by reckless behavior on Wall Street and subsequent austerity measures, impacted Gen K's trust.
- They witnessed unfairness where ordinary people paid the price, shaping their views.
Complexity and Blind Faith in Markets
- The complexity of financial models obscured systemic vulnerabilities leading up to the 2008 crash.
- Blind faith in the market's ability to self-regulate and deliver equitable outcomes also contributed.