I’m not even going to bother to look the actual article up. Time magazine apparently put as the cover story of its latest issue that “Millennials” (I prefer “Generation Y” or “the generation whose lives were fucked over by the financial sector”) are spoiled. The exact wording on their cover was “The ME ME ME Generation: Millennials are lazy, entitled narcissists who still live with their parents” with a caveat ass-covering second subtitle “Why they’ll save us all”. Of course this is what they’ll use to appeal to their target audience, which is the demographics of “bitter old people” or “bitter aging people who still have enough power to change the definitions so they won’t be classified as old”. There are a few points I want to make on this subject:
· The developed world has spun out of control into a devastating economic blow because it was artificially created in the post-war era to attempt at a perfect life for the generation of families to follow – i.e. the Baby Boomers who are the parents of “Millennials”. The world was designated their oyster by policy and spending that started the snowball of public debt and private debt pertaining to education and health.
· As Amber Earnest (@rare_basement) put it, “fun fact, if [yo]u look at the most privileged members of ANY generation they are gonna be lazy entitled narcissists”.
· Parenthood is permanent, and family support comes from and goes in all directions. My parents and/or their siblings required support from my grandparents at various times in their lives, for reasons that can be lumped together in “life happens” and the same goes for us. People in my extended family have helped siblings, parents, cousins, nieces, and nephews at times of need for all sorts of reasons and most of us understand the concept and duty of paying it forward.
· Children aren’t born spoiled. Financial responsibility needs to be taught. Generational trends come from broader social conditions. Mass lecturing is never a solution.
The last 60-70 years have been a social experiment, and its outcome is still unknown. My generation is not entering the workforce in the promising way we were told we would. My parents’ generation may not be able to live out retirement according to the impression they were given by their financial advisors. This is far more of a society-wide, systemic change than it is a consequence of personal choices. Even if the pandering magazines add “Why they’ll save us all” in small print, they’re still trying to scapegoat one demographic to remove individual guilt from people of another demographic and make it seem like it’s a black-and-white, right-and-wrong war. There is no solution in predicting the future for the young. We need to critically examine the past, and acknowledge that there’s no inherently natural state of social and economic functions. In most Western nations, what has appeared to have worked has been an illusion that held up for mere seconds in the grand scheme of human time.