[varyouga]

It’s not “inequality” that is making people upset.

It’s that 95% of young people see no hope of affording the most basic things even if they do everything right. They live with roommates in an apartment smaller than what the Soviets considered proper. They can’t imagine ever affording a family except for some extreme luck.

When I started on my American dream, I could afford my own home and college education working normal hours as a taxi driver or waiter. Everyone had hope nomatter their profession and did their job with a smile. There was a clear path to the dream and you didn’t need to kill yourself with multiple jobs to get somewhere.

Now you must get into a few rare jobs, work yourself nearly to death or create a successful startup just to survive. 95% of young people feel stuck in a dead end and the situation has been getting worse. Every year more are seeing greater hope in burning down the system than in hard work.

Something is clearly wrong and if something is not done to correct the situation soon, there will inevitably be pitchforks against the rich and powerful...

[KC_Lion]

BUMP

[Flick Lives]

Something is clearly wrong and if something is not done to correct the situation soon, there will inevitably be pitchforks against the rich and powerful...

—

Rampant inflation will destroy the remaining middle class leaving a majority subsistence class with a tiny walled-off elite class. It is a 21st century version of serfdom.

[Theoria]

Very well said. I'll add that, Generations x, y, z etc are now the largest bag holders in the history of the world. All these entitlements and spending will be let behind by the prior generations as financial bombs.

[Mr. Jeeves]

The single biggest barrier is not plutocracy, but NIMBY-ism. We are far, far short (at least 5M) of the number of houses we need because local zoning laws and city/state regulations make it utterly unprofitable for builders to put up anything but luxury homes. We are far short of the number of manufacturing jobs we need because Federal and state regulations make it very difficult to build industrial properties anywhere near residential areas. California is the microcosm - millions living in nice, quiet, expensive areas with few neighbors and no real idea where their food and energy comes from. The little people take care of all that for them - somewhere else.