Gen Z embraces 'safety capitalism', says current social safety net is broken
Gen Z like 'safety capitalism.' It's a lot like what we have now but with more help for people who lose their jobs or get sick.
Christina Elson, the executive director of the Center for the Study of Capitalism at Wake Forest University, told Business Insider that many young people had embraced an idea she calls "safety capitalism."
Ah yes, the executive director for the center for the study of capitalism says young folks want capitalism.
Come the fuck on.
Oh yeah. That sounds like exactly the person who would come up with a stupid fucking buzzword to get an article written they can use to show they understand capitalism extra well.
No they don’t. They want socialism. Or democratic socialism.
The fuck is safety capitalism? Is it just some bullshit word for people who don't want to say socialism? Fuck, if that's what it takes for people to accept socialism then they can call it whatever the fuck they want.
Or just basic equality ... more specifically WEALTH EQUALITY
to remove the power of the wealthy to get even more wealthy by exploiting everyone faster
And to give more power to those with little or no money and give them a chance to gain a bit of wealth.
Honestly if we just created a civilization where we spread the money around a little more equally, we'd have less psychopaths controlling the world and more people wanting to cooperate in making things better.
It wouldn't create a utopia because we're too complicated to be happy with one another but it would make our situation more tolerable and manageable.
So, socialism.
"You hear about 'billionaires should be outlawed' — that really isn't the issue," Elson previously told BI regarding Gen Zers' concerns. "The issue is the bottom. What is the appropriate bottom living standard for an American citizen, and what role should the government have in ensuring that people don't fall below that?"
Yes, this sad situation over here has absolutely nothing to do with sociopathic pursuit of a high score in our totally unflawed economic system.
What is the appropriate bottom living standard for an American citizen, and what role should the government have in ensuring that people don't fall below that?"
Wow. She really said those words. Like with a straight face.
Absolutely knew she was going to get quoted and then said these words.
They could not possibly have more regressive framing - gross. What a sad attempt at sleight of hand.
The lack of safety net is a feature of late-stage capitalism, not a flaw.
It was also a feature of early stage capitalism. But instead of analysing features, it's better to orginize and fight for political change
Lol "safety capitalism" the editors wouldn't even let them say socialist. Just the state of the world in 2024 -fight harder, people. I personally can't handle what this shit does to my blood pressure anymore
I think it's a smart move actually. The right is really good at turning a good word/description into "pure evil." They killed socialism so keep the dynamics and change the name.
It's like the morons that were asked if they liked Obamacare and if they liked the affordable care act. It's the same thing but people said they hate Obamacare but liked the affordable care act... Right wing brainwashing at its finest...
I feel like that's the reason I tend to preach anarchism over communism in general and don't doubt you're right about the statistics and propaganda playing into perception but I can't help but feel like here that comes off as rehabilating the image of capitalism. We can make a softer bed of knives or make one out of foam- I know which one I'm choosing
Ain't no one getting excited about any kind of capitalism any more 🤮🤢
Except those that profit by it ... and that group will shrink as the middle class is torn apart.
The middle class is gone friend. For 99% of America two educated working full-time adults don't earn the same purchasing power as one of their grandfather's.
Anyone who insists that there's a middle class is delusional
Any home owner is delusional if they think their home ownership would survive a single cancer diagnosis.
The system is designed to ensure that you'll lose everything by the end, no matter what. The only peaceful resistance we have left is to refuse to breed, denying them more chattal.
You made me look! It looks like the younger demographics (under 30) were about evenly split on favorable/disfavorable views of both capitalism and socialism in 2022. Pew Research Link
It skews more toward capitalism for each older age bracket, which makes intuitive sense. Regardless, some interesting stats in there.
We dont have capitalism, we have some corporate-government oligarchy where we keep giving them more power for some reason. They let us yell about a couple little things while they keep circulating the power by taking our rights.
That's because all the Communist nations keep failing, and there's only a couple left that haven't already switched to Capitalism.
Which one of these haven't been sabotaged with by a US coup? And let's not pretend there are no failed capitalist countries either
I dunno. I like the one where the workers vote for who the boss at the factory is and then they all take home a share of the profits.
safety capitalism has to be the most absurd stand in for socialism or welfare I've ever heard lmao
Really reaching new levels of copium
Who the hell cares, so long as it leads to some fundamental changes
If it is adopted we can refer to it as babby's first socialism, right before the c-suites are rightfully purged and execs replaced with the workers on the floor
those other words have been coopted by the right so i get it
I wouldnt say stand in for socialism unless they're talking about socilism. It sounds like they're talking about capitalism with social benefits.
The latest iteration of the same "younger people more left wing" article newspapers have been writing for 60 years.
Except that that is slowly no longer being the case.
Millennials where promised we get more conservative over time and for many the opposite appears true. Even gen x is in many ways already more left wing then the boomers.
To me it appears as the boomer generation was fed so much propaganda after the war it became ingrained in society, it took a few generations to finally get it out our system but it is starting to happen. The kids will be alright.
The old will be dragged kicking and screaming into progress, as usual.
I’ve thought a lot about it these past several years and I agree with you. Boomers were so propandized before there were any protections that they had no choice but to be narcissistic and materialistic.
that is slowly no longer being the case
Proceeds to agree with the comment that young people are more left
Did you accidentally a word there? Cuz you agree with the guy you're responding to.
This already has a name: a welfare state or socialism. No need to pull made up terms out of your ass.
Who comes up with these words? Boomers inventing their own propaganda
I'm fully on board with calling it "safety capitalism" or even "jesus reckoning savior economics" if i get what I want. at this point most of America just tunes out "socialism"
current social safety net is broken
To shreds, you say?
This is the stupidest article I've ever read.
Net? There was a net?
That's not a safety net they are looking for, that's pay me while I fuck off and spend on credit for 20 years.