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!

  • adibis@lemmy.world
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    1 year ago

    Delayed gratification is sorely missing these days in younger generation. You found a cheap place to rent whereas I know people who stayed with roommates, 4 in 2 bedroom apartments and bought shared properties and did what you’re saying while paying off their student loans.

    • SuperApples@lemmy.world
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      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.