#543 - Scott Galloway - Why Is This Generation Struggling So Much?
Modern Wisdom
Did the Baby Boomers Overachieve?
The baby boomers have successfully directed pandemic relief towards older wealthy people, creating an exclusionary society. They use their power to limit opportunities for others, ensuring their own prosperity. This rejectionist culture has transformed America into a place to stay rich, with little mobility. Most pandemic programs benefited the rich, while the majority of the capital ended up in the hands of the top 1%. However, these issues can be solved. The text also mentions TikTok and its weaponization, as well as its impact on young people.
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