Zuckerberg himself is a massive percentage of total millennial wealth alone.
Zuckerberg is more than half of all Millennial wealth and savings. If you remove Zuck from the statistics, the average net worth of a millennial is around negative $40,000.
I am not claiming they had the same opportunities than us I am claiming that them having things better than us economically and us having things worse off is the result of factors completely out of the control of most people of either generation and therefore not responsible and therefore not to blame
The thing that you're leaving out is the very real factor that boomer-brained people and capitalist society don't share the view that no ones responsible or to blame. And their conclusion is that their children are to blame for the world they actively benefited from and helped create. Not all boomer-aged people are equal in this equation (or younger groups), but boomer-brained people think the way they do because they benefited from that world order, they believe in that world order, and they gleefully clapped and supported the ladder being kicked away so their children couldn't climb it. Boomers don't need defending
yeah I agree it is insufferable to have someone lecture you on success when they got their success due to relative luck.
It doesn't make sense to ascribe qualities like that to generational groups though as they aren't an institution that sets member policy they are a marketting demographic.
it is pretty ridiculous to categorise wealth by generation as the children of these wealthy capitalists will inherit their money. Technically the young children of Prince William probably don't have many financial assets yet but it is ridiculous to not consider them wealthy.
boomers have limited say in reality and what tends to happen is the loudest and dumbest boomers get given artificial broadcast by news media owned by Rupert Murdoch in order to justify the thngs the government was going to do anyway because it makes friends of senators or ministers they went to harvard/cambridge with lots of money.
I am actually begging you to use class rather than generation as the basis for your analysis here. Boomers are not sharing that money evenly and have not worked together in a grand conspiracy to cause this result. This is the natural result of capitalism where wealth coaleses into few hands in larger volumes and productivity increases
also US boomers lived in a time where the economy was economically advantaged because every other major manufacturing economy had been severly set back by a major war that destroyed a lot of capital and infrastructure and took decades to recover from. America also insisted that the other allied powers of ww2 pay them exorbitant rates for their support in the war which further enriched America and impoverished its economic competition. It's called lend lease because they got the money back with interest. One of the major ladders that US boomers in particular had that no longer exists was Paris, Berlin, and London all effectively having been bombed to rubble
I do not believe boomers caused these internal contradictions to intensify over time. US boomers happened to be lucky in being born in the only country to make money off of WW2 (other than Switzerland). Them having been born during a period of relative prosperity due to factors beyond their control and then having those factors go away also for reasons beyond their control just makes them lucky relative to other generations and yes it is insufferable to have someone who was merely lucky lecture you about how they got their success due to being smart. This good luck on their part is not however the cause of the bad luck on our part.
no there were clearly several causes but you do seem to be angry at them and I do not believe it is just to be angry at someone for things beyond their control. It's false consciousness to blame the elderly who were less mistreated by the capitalists rather than the capitalists choosing to intensify the mistreatment.
Rather than boomers as a group deciding to force Amazon workers to have timed bathroom breaks it is specifically Jeff Bezos and the Amazon board of directors
I'm not angry I am just concerned about the common false consciousness that harms organising that it is in fact boomers and not capitalists to blame which your arguments are at the very least adjacent to
I said you seem angry I apologise if I misinterpreted your tone
You are angry at the wrong people and that is poisonous to solidarity it is legitimate anger at those people specifically but it is also important to recognise that those people are just a bunch of random assholes who cannot meaningfully be said to speak on behalf of anyone else
I from here assumed you were referng to yourself as a part of them and thus did consider your feelings to be anger
I am tired and after this comment will disengage
someday those wealthy boomers will die leaving their wealth to their children thus making millenials the wealthiest generation and you and I won't be a penny richer for it
Also when you remove billionaire outliers from their statistics, boomers in their 30s were on average wealthier than millennials are when you do include billionaires in our stats.
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Zuckerberg is more than half of all Millennial wealth and savings. If you remove Zuck from the statistics, the average net worth of a millennial is around negative $40,000.
I feel Zuckerberg is a great example of why looking at wealth generationally is nonsense. Are you richer because Zuckerberg is close to your age
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I am not claiming they had the same opportunities than us I am claiming that them having things better than us economically and us having things worse off is the result of factors completely out of the control of most people of either generation and therefore not responsible and therefore not to blame
The thing that you're leaving out is the very real factor that boomer-brained people and capitalist society don't share the view that no ones responsible or to blame. And their conclusion is that their children are to blame for the world they actively benefited from and helped create. Not all boomer-aged people are equal in this equation (or younger groups), but boomer-brained people think the way they do because they benefited from that world order, they believe in that world order, and they gleefully clapped and supported the ladder being kicked away so their children couldn't climb it. Boomers don't need defending
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yeah I agree it is insufferable to have someone lecture you on success when they got their success due to relative luck.
It doesn't make sense to ascribe qualities like that to generational groups though as they aren't an institution that sets member policy they are a marketting demographic.
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the news media finds the assholes in any demographic doesn't it. Millenials who are super into blockchain similarly get excessively platformed
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it is pretty ridiculous to categorise wealth by generation as the children of these wealthy capitalists will inherit their money. Technically the young children of Prince William probably don't have many financial assets yet but it is ridiculous to not consider them wealthy.
boomers have limited say in reality and what tends to happen is the loudest and dumbest boomers get given artificial broadcast by news media owned by Rupert Murdoch in order to justify the thngs the government was going to do anyway because it makes friends of senators or ministers they went to harvard/cambridge with lots of money.
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I am actually begging you to use class rather than generation as the basis for your analysis here. Boomers are not sharing that money evenly and have not worked together in a grand conspiracy to cause this result. This is the natural result of capitalism where wealth coaleses into few hands in larger volumes and productivity increases
also US boomers lived in a time where the economy was economically advantaged because every other major manufacturing economy had been severly set back by a major war that destroyed a lot of capital and infrastructure and took decades to recover from. America also insisted that the other allied powers of ww2 pay them exorbitant rates for their support in the war which further enriched America and impoverished its economic competition. It's called lend lease because they got the money back with interest. One of the major ladders that US boomers in particular had that no longer exists was Paris, Berlin, and London all effectively having been bombed to rubble
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I do not believe boomers caused these internal contradictions to intensify over time. US boomers happened to be lucky in being born in the only country to make money off of WW2 (other than Switzerland). Them having been born during a period of relative prosperity due to factors beyond their control and then having those factors go away also for reasons beyond their control just makes them lucky relative to other generations and yes it is insufferable to have someone who was merely lucky lecture you about how they got their success due to being smart. This good luck on their part is not however the cause of the bad luck on our part.
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no there were clearly several causes but you do seem to be angry at them and I do not believe it is just to be angry at someone for things beyond their control. It's false consciousness to blame the elderly who were less mistreated by the capitalists rather than the capitalists choosing to intensify the mistreatment.
Rather than boomers as a group deciding to force Amazon workers to have timed bathroom breaks it is specifically Jeff Bezos and the Amazon board of directors
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I'm not angry I am just concerned about the common false consciousness that harms organising that it is in fact boomers and not capitalists to blame which your arguments are at the very least adjacent to
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I said you seem angry I apologise if I misinterpreted your tone
You are angry at the wrong people and that is poisonous to solidarity it is legitimate anger at those people specifically but it is also important to recognise that those people are just a bunch of random assholes who cannot meaningfully be said to speak on behalf of anyone else
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I from here assumed you were referng to yourself as a part of them and thus did consider your feelings to be anger
I am tired and after this comment will disengage
someday those wealthy boomers will die leaving their wealth to their children thus making millenials the wealthiest generation and you and I won't be a penny richer for it
Also when you remove billionaire outliers from their statistics, boomers in their 30s were on average wealthier than millennials are when you do include billionaires in our stats.
Numbers courtesy of the US Census bureau.
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I swear, you have the best memory for posts on this site.
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Truly the desire to be Cassandradamus is the downfall of our posters.
Please enjoy the meme.
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