People over 55 own 73% of the US, heavily outweighing billionaires. Boomers alone outweigh billionaires assets by nearly 10x. Any time you see BlackRock, Vanguard, etc as major shareholders of a company, that means it’s mostly boomers’ 401ks and pension funds.
Gen X might be the last generation to retire in the US, for millennials it’s starting to look unlikely. There just aren’t enough people to exploit anymore. Ideally everyone should have 3 kids, but as an interim solution you can start importing workers from 3rd world countries.
Other western countries may not have it as bad with the imbalance, but most are growing worse over time.
solitaire404@lemmy.zip 2 days ago
True, but it is hard to ignore that the a certain class seems to be centralized/condensed to one generation specifically. And that generation also consistently and energetically supports them to the day they die.
ILikeBoobies@lemmy.ca 2 days ago
I don’t think members of Green Peace switched to supporting it.
oceancloud@discuss.online 2 days ago
Hello there.
Members of Green Peace protested the use of seal fur and meat, the act of “seal clubbing” and the sale of seal products. This was one of the main sustainable economies in the North. As a result, the communities living there were forced to engage in oil drilling and seismic testing in order to earn money. Still, the fact that seal products are no longer profitable have plunged these indigenous and rural populations into poverty.
The moral of this story is when you see some sort of big moral outrage about something, whether the moral outrage is coming form the left, right, or middle, whether it’s “save the animals,” “save the children,” “save religion,” whatever, you need to do some sort of basic, casual research into what type of bandwagon you’re thoughtlessly jumping on.
ILikeBoobies@lemmy.ca 2 days ago
Not sure of the relevance to my argument.