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by toomuchtodo
161 days ago
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Democratic socialists were just recently democratically elected in NYC and Seattle. Support for unions in the US is at historical record highs [1]. ~2M 55+ people in the US die every year, ~5k per day. ~3M people turn 18 every year and become eligible to vote, young people who only see bleakness ahead. 31% of wealth is held by people over 70 [2]. This is a population dynamics story, old ideas die out, new ideas come in (Planck's principle). I'm confident support for worker vs corporate policies is high, based on all available evidence [3] [4] [5]. Sixty percent of Americans cannot afford a basic quality of life on their income [6], as another data point. So, I'm unsure who is in the "pro capitalism pro corporation" corner to be honest, when you consider the wealthiest 10% of Americans own 93% of equities. No harm should come to humans of course, but corporations, entities, and systems are all fair game. [1] https://news.ycombinator.com/item?id=45851620 (citations) [2] 31% of Wealth Owned by People Over 70 - https://www.apolloacademy.com/31-percent-of-wealth-owned-by-... - December 7th, 2025 [3] The housing crisis is pushing Gen Z into crypto and economic nihilism - https://news.ycombinator.com/item?id=46079617 - November 2025 (4 comments) [4] https://www.cato.org/blog/81-say-they-cant-afford-pay-higher... ("A recent survey by the Cato Institute and YouGov paints a troubling picture: 62 percent of Americans aged 18–29 say they hold a “favorable view” of socialism, and 34 percent say the same of communism.") [5] Why millennials feel hopeless about the economy - https://news.ycombinator.com/item?id=46062082 - November 2025 (15 comments) [6] https://www.lisep.org/mql (think in systems) |
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I don't know what the future holds but I assure you it does not involve the people vesting yet more power in institutions that have only led them astray in their lifetimes (governments, unions and other industry groups, academia, etc). As the evil among us like to say "demographics are destiny" [1].
[1]https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...