capitalism is a system through which EVERYONE has the CHANCE to succeed.
of course, this makes one assumption...
that you have the mental tools with which to compete
if you don’t have the mental tools... the system can seem ‘unfair’ to you. of course, to obtain these tools... you rely on the democrat controlled dept of education
so the question of why so many young ‘adults’ are living at home is simple... they don’t have the tools with which to compete.
I think i_robot73 nailed it.
It’s not intelligence, we as a race - are no dumber now than what we were in the 30-60’s. What has changed? Well, there used to be 18 yr old getting married, buying a car, working a job and affording a home. Why, many owned a home, a car and were starting a family while they were in their early 20’s. Why?
Taxes and Gov’t. Used to be a time when a young person could earn enough to work, while his wife stayed home and took care of housework and raising a family. He could earn a comfortable wage, provide for his family, his retirement, live in a decent home, and live comfortably. What was his tax rate? What Gov’t assistance programs were available? It was a time of personal responsibility and honest work.
Today, how many 20-somethings do you know who own their home and are embarking on a family with a stay-at-home wife? Back then, a reasonable house was approximately equal to ~2-4x their annual salary. Today, what is the cost of a home compared to a couple’s annual salary? Now, of that annual salary - how much do they get to keep versus 40 yrs ago?
Now, look at the business environment. Never before have we had so many businesses failing, off-shoring and layoffs. I remember when IBM announced layoffs in the late 70’s. The first to go were Sr. Managment; they got the company in that shape to start with. That is exactly the opposite way things work today.
The kids aren’t dumber, it’s not lack of educational opportunties - it’s a variety of reasons, and all of them are out of the ability for the ordinary person to control.
Those tools are brain cells and schools don't hand them out, only determine who has them. Most people need to compete in their league, not the majors, if they want to win on occasion. We can look to sports for a model that works: women do not compete against men, little league does not compete against kids 2 feet taller, high schoolers do not compete against pros. We should form leagues in life, cultivate success, and graduate those that are ready to compete in the next level. To work a league needs protection, rules of exclusion, that prevent non-native species from taking over that ecosystem. For example, a city like Detroit could fence off their city and ban cheap Chinese imports. Soon the locals would be working again. They would be paying more for products, but they would have jobs they could successfully compete in and pay for the purchases themselves. They would also be much happier. It's human nature to want to compete and win, but who plays when they always lose?