I think it's a generational thing. Younger generations genuinely cared about the implicit exploitation and violence in the industry, older didn't.
See also: views on climate change, adoption of renewable energy, etc.
See also: views on climate change, adoption of renewable energy, etc.
So is our conclusion "People talk a big game but their morality clearly fails based on how the market has played out" or "People want things but the market has competing forces and sometimes takes a long time to find ways to provide people what they want?"
My rephrasing to your statement is "It took the mass market decades to figure out how to deliver consumers the solar/electric cars they wanted at a price they could afford."
Also, points in the general direction of the established energy providers I think these assholes had some incentive not to let the market get out from under them and make sure they were the ones who continued to profit from it.
Nicely stated. I like your style of debate / deliberation.
If ethical mining were an issue today would they lay down their devices that use critical minerals?
Solar energy was quite expensive until recently to improve adoption.
https://www.stlouisfed.org/community-development/publication...
Boomers have had significantly longer and better sustained market conditions to grow their wealth.
"While trailing Gen Xers for the beginning of their adult lives, younger American households’ average wealth began to exceed that of Gen Xers at about age 30, reflecting historically high wealth levels following the COVID-19 pandemic." I have a feeling that average wealth adjustment falls very heavily on the home owners, which is only just above half of all the cohort. Had a similar thing happened to boomers in 89, almost 70% would have benefitted.
I think it's also worth pointing out: The share of wealth held by boomers in 89 (why 89? Because they didn't have data before that. It's why the graphs start in a weird spot and why it's not a great study unless you're trying to pull out a "gotcha" stat) represented almost 20% of the total wealth in the country. "Millenials/GenZ" has a hold on only HALF that percentage.
Doctors may hate your one weird statistic, but socio-demographists probably don't...
This is also true for other generations.
People accumulate wealth over a life time of work. It would be entirely expect that younger generations have less wealth than older generations.
This tracks with broad trends of wealth inequality increasing as well.
So no, it's not just "they haven't accumulated yet", because it's not clear they will have the opportunity to do so.
You are right in a sense. But it's still a very bad prognosis.
Source? The data I’ve seen indicate the median millennial is wealthier than the median boomer was at their age.
Boomers held significantly higher percentages of capital than millenials or genx holding age steady.
https://www.nber.org/papers/w27123
Studies have shown wealth declining for millenials while increasing for boomers.
https://www.self.inc/info/generational-wealth-gap/
And it's across multiple forms of wealth.
Most of it is earned over time.
Doesn't that show younger generations have a markable improvement in "being good"?
... or so populist messaging from the Right would have you believe.
I was a center-left socialist as a kid and I'm a full blown anarchist in my 40's so, idk, "people aren't a monolith"?
Some of us old-heads got pushed much farther left as a result of this. I used to be a Democrat, blue and blue. These days I'm much more like, "The Dems will sell me out to make a buck, I gotta go out and actually be the change I want to see in the world."
Young folks who are experiencing disillusion -- don't give in to despair. You can make a meaningful difference in lives. Build communities, engage in mutual aid, whatever.
Where people are waiting for change and the movement, they don’t realize they are the change and the movement.
Now would be a terrible time to become disillusioned and despairing, after winning all those important battles. It proves that idealism works, and we really need it for current and future battles! It's the nihilistic disillusioned people who are CAUSING all the problems.
In so many aspects of life, I've noticed how there's always something devastatingly discouraging that happens right before any major successful breakthrough.
It's as if God's being a dick, and always throws something profoundly disheartening at you right on the precipice of success, just so he can laugh at you for snatching defeat from the jaws of victory.
I now recognize that as a sign I'm just about to succeed, and shouldn't give up no matter what.
We are living through that kind of historic transition right now, watching MAGA finally turn on Trump. Don't fuck it up by giving up now!