I think it’s way simpler than that: this is the first generation since at least WWII whose prospect in life is to be poorer and with worse quality of life than their parents.
So of course they would rather the clock wound back to the time when people their age still lived with the expectation that things would just keep on getting better.
The Tech angle in this article is just a bit of cherry picking to avoid talking about the broader systemic issues of the collapse in social mobility, explosion in inequality and real economic growth (i.e. that calculate by real inflation numbers rather than the la-la-land official “inflation”) having pretty much ground to a halt in 2008 and whatever there is of it being entirely captured by the top 1%.
It’s never been this good to be a billionaire, but for the rest minus technological evolution things are the worse they’ve been since WWII.
I think it’s way simpler than that: this is the first generation since at least WWII whose prospect in life is to be poorer and with worse quality of life than their parents.
So of course they would rather the clock wound back to the time when people their age still lived with the expectation that things would just keep on getting better.
The Tech angle in this article is just a bit of cherry picking to avoid talking about the broader systemic issues of the collapse in social mobility, explosion in inequality and real economic growth (i.e. that calculate by real inflation numbers rather than the la-la-land official “inflation”) having pretty much ground to a halt in 2008 and whatever there is of it being entirely captured by the top 1%.
It’s never been this good to be a billionaire, but for the rest minus technological evolution things are the worse they’ve been since WWII.