Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • SuperApples@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    ·
    edit-2
    1 year ago

    I know a lot of young people these days that have to live in crowded share houses because there’s nothing else they can afford in the area where they work, and still 70%+ of their income goes towards rent and board.

    Where I’m from, the cost of living has skyrocketed compared to when I was starting out, but the wages haven’t changed. I’ve benefited greatly from that due to capital gains, but it makes it a lot harder for Gen Z to achieve the same thing, even if they do scrimp and save. I can understand people being demoralised and living for today instead, as it seems impossible to improve your position by much.