Scott Galloway Makes Crowd Go Quiet with This Chilling Warning
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- Опубліковано 6 тра 2024
- Dave Rubin of “The Rubin Report” shares a DM clip of the most insightful bits from Scott Galloway’s TED talk “How the US Is Destroying Young People’s Future”.
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Universities being 'a hedge fund offering classes' is a perfect way to put it.
Agreed! I blame "parents" for CONTINUING to pay for their children to get worthless degrees, too.
It’s what our hospital systems are turning into as well. UPMC in Pittsburgh is basically a big hedge fund.
@@Winstonrodney6989 The moment that big government took away the care of humans from the religious organizations, because they weren't "fair"; that's when it all started to unravel.
You mean universities that are buying a billion dollars worth of gold don't have our kids best interest at heart?
@@jammingalways and I blame the other 90% of students who are paying it themselves
I'm 64. I don't feel good about this America.
Same age as you , only I'm a Canadian . I can't see anything in our societies heading in a "good " direction and
globally things are looking pretty grim too 😞
@@epplekaka I have 0 kids. I didn't want to bring any into this evil world. It was bad enough in the Clinton era. That's when this woke crap started to really dig in but didn't get full traction until Obummer.
@@epplekaka Btw, thatcomnent makes 0 sense to me. Sounds like you have an axe to gring with your own family, not a generation.
I’m 39 and I agree.
@@epplekaka The world owes you nothing, work for it like everyone else.
Excessive taxation, government waste, failed government social programs, and a general disregard for US Constitution is why this is happening.
Thatcher: a government that gives you everything will soon take everything
US Constitution was basically a framework to try to contain the size and scope of governments. But it does have it's limits. We need modern ways to constraint governments. I can't mention the way here, but its not difficult to find out for oneself. It has something to do with the money.
Well said
@@user-im6ou8dl6o Thatcher & Reagan, what a team!
No the reason this is happening is because as a society we lack all moral clarity. The bad government programs are a symptom of the moral decay in this country. We need to turn back to God. Humanity flourished exponentially faster after our lord and savior rose from the dead. As we turn away from him we will continue to slide into the abyss.
My Dad died when I was 14. Parents were divorced, I inherited his house. Mom was executor but wanted to be owner. Phoned Police with false allegations, Police didn’t hesitate to lock me up. Not a single adult in the pipeline cared that I was the rightful owner of the property. I was lectured about respecting people’e property, placed on probation. Long story short, I learned that the system would rather destroy a little boy than to correct an intolerant female.
That is disgusting treatment of a child. I'm so sorry that happened to you.
A similar thing happened to someone I know in the '70s . c9mpla8ned
Kids today would shoot themselves in a similar situation that whole generation is on fire with psychosis about the overall stability of human existence
That is INSANE!! I'm so sorry this happened to you!!! My sex can be slam down evil.....
@@dianejensen3420and this is why we men are stepping away from marrying women. Well one of the reasons
I'm about to retire as a public high school history teacher after 30 years in the classroom. The physical, social, and emotional transformation of America's teenagers has been astonishing, and not in a good way.
The Deliberate Dumbing Down of America
Will you give a brief description? Like what are the major aspects you have seen change through the generations
Yes, and it’s the parents’ fault not government. That’s the most ridiculous thing. These people pass the blame on everyone but themselves.
@@kingoietro99there could be books written on the subject. The biggest change- parents are horrible. There’s no accountability at home, parents constantly blame us for their child’s faults and poor academic standards even while they don’t work and don’t study for tests. Parents disrespect authority, so the kids think they can too. Everyone is completely entitled, parents and students, thinking they can have it their way with no regard to anyone else. They are rude and disrespectful and children lack basic executive functioning skills. Everyone had “ADHD” (bull), but more have operational defiant disorder (true but it’s lack of discipline) and cannot self regulate emotions. It’s HORRIBLE!! I’ve been a teacher for 19 years. It absolutely sucks now. I taught two in Europe and it was the most amazing experience. American is horrible in these areas.
@@songnverse the parents were raised by the government too. you cannot take people from their parents for 8 hour daily indoctrination for several generations and point the finger elseqhere
I tried explaining to my brothers high school kids that America has been living off the bones of WW2 for far too long and all I got was blank stares.
They don’t know what a world war 2 is
Most likely have never been taught about Word War 2 or WW 1 for that matter.
@warpspeednow Even if they had been taught world military history, they'd never have been taught HOW the world functions and how we as a nation have flourished since the 1940s.
Kids in school today aren't even taught the equivalent grade averages I was taught in the 80s and 90s... I had essay answers in highschool and now there are highschool kids who get multiple choice versus the requirement of critical thought plus pen and paper.
@FrogOf4Chan yes, I know. But you have to start somewhere and ancient and modern history is a good starting point because it allows you to understand why things are the way they are.
Great point friend
His mistake is that he believes the government can fix the problems it created.
He's either controlled opposition like Jordan "Clean Your Room" P or just not all that bright to appreciate the agenda behind all this.
That is not the point he was making. He is mostly focused on societal trends. When he talks to government he is talking about policies that favor older segments of the population and property owners. For example, why favor property owners with a mortgage deduction (older wealthier people) Instead of having a housing deduction that would cover renters which are younger less wealthy people.
Government: "If it isn't broke, keep fixing it until it is"
'government' is a lazy catch-all concept to dismiss out of hand. Laws, legislation can and does correct problems of wealth distribution and power imbalance. When a small section of society has accumulated wealth and power in such a way that it is holding civilisation back it is right that we should all get together and pass laws which stop that from happening.
I dunno; I was going to say that it's not about "the old" accumulating too much wealth; it's more about a core elite doing so...
When government took over education and offered "loans" for worthless degrees, education worth dropped dramatically. And they also decided it was cheaper to import labor form the South than encourage family growth.
Crowd is like "I think he's right but it FEELS like I shouldn't agree."
why not? it is laid out pretty clearly.
Well said, always feel, never think.
It is against their best interest.
@@IndependentObserver-eb9pv absolutely
Nah, this video was clipped for time. Go watch the full original, it's about 18mins, they definitely agreed with him along the way 👀
A great speech that will go no where. I turn 80 this year and have seen this country turning since the late 60s.
Boomers didn't plan and conspire to create today's circumstances. We have just been living our lives.
Thank you! It was all downhill slowly since that decade.
Agree. Once the Beatles broke up in 1970, it's been a ski run.
@@headpumpexactly, parents after 1945 were just happy to be alive after the war
@@headpumpand said nothing, shut up traitor.
I'm over 60 and have lost All faith is the Post-Republic.
Seriously, is there any government institution or company primarily funded by the gov't that is not substantially corrupt? It's a shame because I don't think most below the top 3 layers of bureaucracy are that way but have to 'grin-and-bear-it's.
You reap what you sow. Not sure anyone is surprised by these figures. It was done deliberately.
CALLED GREED
The media turned on Donald Trump way back in 2016 as soon as he talked about a "rigged system."
Heard a lot of woos when Boomers and X could be blamed... but when it was obesity... one or two claps that faded when the sheep in the crowd realized the friends next to them were looking over the shoulders for the offended
Yup. Suddenly they weren't as enthusiastic when he told the truth about being fat 'not' being good for you.
If you watch the whole Ted Talk he says, "80% of you do not need Social Security." And only the younger people in the audience clap.
Fat people cost civilization a tremendous amount of resources. My fiance is a doctor and deals with an incredible amount of obese people that have health issues cost insurance millions of dollars a year. It's absolutely pathetic.
Why is this like this? People getting offended over obesity? It is a judgement of numbers rather than a judgement of character no?
Isn’t it based of weight, height, sex? Or based on looking fat?
@@levironner4481 Of course it's a judgement of character. For the vast majority of people obesity is a choice. When your pants no longer fit, do you exercise self-control (which is a virtue), or do you go out and buy bigger pants? How many times do you have to make that choice before the numbers say you're obese?
I am 73 years old and in my lifetime the value of my house went up 650%. Over 45 years (I never moved) this is an annual increase of say15% per year (inflation and/or demand and supply imbalances). Over that same period, wages in my line of work went up some 250%. Although my wife and I have always been employed, we held on to a lifestyle that either one or the other could stop working without a major impact on the family's continuity. If I compare this to the stressful life young families are going through these days my heart breaks. The societies we live in today are not sustainable, Ayn Rand was completely right, we cannot go on like this. The overexploitation of our young workers and families must stop. I wonder what straw (inflation, immigration, war mongering, climate madness, epidemics, racism, AI, all of them) will break the camel's back. To be quite frank, the sooner the better! Just stop this rat race!
Great comment. Maybe one day the youth will wake up and not be woke.
Andrew Yang tried to bring up these problems, but got nowhere in the primaries
The problem is that once the camels back is broken, the savior and the solution will be all be fake and misleading, and people will willingly accept more subjugation, believing they are being free from exploitation
Nobody wants to address most youth are beyond lazy and feel entitled. They work less than any generation before them...hence make less money. They go into less jobs such as plumbing, electrician, construction and go into jobs like youtube sensation. When high schoolers where asked what they wanted to be when they grew up...the #1 answer was Famous. #2 was Rich. When you stop plowing your land....crops stop growing. End of story.
@@deemen7132 I started following yang until it became clear he couldn't do basic economics math. Way too suspect that someone who is supposedly an economics expert couldn't do basic real world application math I learned to do in high school 30 some years ago.
People in debt, and people who own nothing, are more easily controlled.
In other words, debt slaves.
People who own nothing are actually free
@@johnfoster2584I disagree. That makes you reliant for everything
@@johnfoster2584 Don't agree with that, people who don't _need_ anything might be free. But in modern society that's not really a thing.
@Cimlite but at the end of the day you don't own property if you're paying taxes on it.
At 66 everything I've got I've had to work hard for. Now I'm told I'm privileged and don't deserve anything. While being told how hard done by youngsters are and I should just sod off and die and leave everything to them. Universities just teach the me me me principles. In twenty years they'll stil have nothing and still be gripping.
Working hard gets you a lot less nowadays
We’re in a completely, and I mean completely, different situation now than when you were “working hard” for everything you’ve got. You think none of us are working hard? Well we are, and we’re getting much less for it. The delusion is real.
Older parents are spending down their savings to support their children, who are often struggling to just get by.
Living that exact dream myself.
Parents are helping their children, Children live at home longer. Galloway gives no real indication of who has done this? Migration into both UK Australia and the USA is massive. Of course there will be a housing shortage and prices will increase. More young people go to college than ever before. What are professional salaries in the USA? How much is an in state college tuition fee? Do you have to go to a top college or will an in state college suffice? Nursing salaries in the USA are good. Also in Australia. I remember when nurses in Australia were paid a pittance and broke their backs doing this work. Look at what companies own what now. In Australia we have had most companies not paying the required wages. Boomers are no longer in the workforce and people over 50 suffer age prejudice. Galloway gives no references here this is just a blame the old people strategy for what Gen Xs are doing now.
Steve- There has always been Biblical morals and now there is this leftist push toward some sort of “Moral Equivalence.” What’s making America less great is this Leftist version of morals that continues to put us all in a moral decline with a documented continuous erosion of ideals which once made the country strong.
@@MargaretCampbell583 I agree. We're in an atheist democrat-manufactured moral recession and heading for a moral depression.
Here as well.
This guy would have a point if the young people weren't voting for socialism.
This guy also promoted UBI (just under the name "negative income tax") in that same Ted Talk, and also proposed that we "Re-fund the IRS". However, the majority of his other proposed solutions seem to be pretty good.
Well conservatism and liberalism have been absolutely terrible for them. You don't have to be a genius to understand why they want to do the opposite of whatever old people tell them.
Try to look at it from their perspective. They see their peers struggling out of college to get employed. They see housing markets getting worse. They see their government prioritizing foreign aid money over issues at home. They see race and ethnicity matter more than qualifications. They see divisive social issues that are catered to and fed, instead of promoting unity.
How exactly has (crony) capitalism helped these kids? Socialism isnt the answer. But they want some sort of change because they know in their bones that what is happening to them isnt right.
Yes because more socialist policies is the logical way to combat this bleak future
They got tricked into it. Socialism looks good to people struggling until you realize it is economically a disaster. Yes you get some things you need but you will be forever wearing the financial handcuffs of social spending. Here in Canada Trudeau got elected by lying to the young. Trudeau was the WEFs poster boy, hand picked by that evil Klaus Schwab. They have now figured out they were duped and Trudeau is finished - 25 points down in the polls.
Just retired having worked for 8 companies over the years. 4 were offshored. 3 were acquired by much larger companies that were corporate raiders. My prior compnay was purchased by a PE a year ago that were at least honest when they told us " We want a couple of the product lines. Not employees."
Look at what Galloway was saying during Covid. He helped cause this!
Exactly. A brain-dead communist pretending he cares or understands. He doesn't.
Was he branch covidian?
Galloway has said some incrediby crazy stuff in the past just to keep himself "famous". He's just another tech bro who doesn't criticize women, but men for not fulfilling women's needs. He's just a bs artist.
Exactly this. He and Kara Swisher felt the nation needed to be more locked down, for much longer. If Rubin has him on his show, he should pointedly ask about the effect these policies have had on young people's development.
@@Trevor_H I try to keep track of who went crazy during covid.
Government getting bigger, private sector getting smaller.
Exactly
Big companies getting bigger.
@@coffeemug3009 Both true. Both problems.
3rd part of that equation is about half or.more of the population loves government 🤬
actually its the opposite
Service only economies are doomed to failure.
College, early 70's. Out of all the prof. there were only 3 that taught life's lesson. I remember this one, he would come in to the classroom triggered by something. He would be at the lectern, hitting it with his fist and saying to us students, "you people have to realize a country has to produce!" And this was not a business class. RIP Mr. Mimms.
He's right about everything. The greed and exploitation by our largest, most important industries (education and health) has gone out of control. The audience didn't expect to hear the actual truth... you can hear the shock in their silence and sparse clapping.
Graduated high school in 1980. Interest rates were sky high but individual debt was low. It was perfect. Everyone should do their best to pay down debt and do not incur anymore
The rot has taken hold
There's no going back. The generation which currently exists is majority non european, and the one that is departing has nothing to offer but crumbling overpriced condos.
This is quiet socialism... our system is morphing into the euro system but worse
@@user-rx162for real we don’t even to get a cheap booze filled retirement era in Florida playing golf
I have a slightly different take on the wealth stuff. We have to remember the the post WWII generation were in the cat-bird seat, economically.
Most of the factories in the countries in which the war was fought were destroyed. Our factories, completely intact and having just finished creating WW II's massive armaments with the latest wartime R&D upgrades, were now poised to supply the entire world's demand for the things needed to rebuild the world.
We had an entirely artificial and limited time lock on production and export of our goods to the rest of the world. We had so much wealth coming in that we even gave some of it back to Europe to prevent its takeover by Communism (the Marshall plan).
So we had the Levit towns (housing), automobiles, new furniture, and education for our children for our returning veterans, the whole Mad Men culture. This was the bounty that the baby boom generation received from its parents.
What has now been happening long since is the re-addition of industrial competition to those formerly depleted countries. Their factories came back to compete with our factories. And the first results of that was the Japanese overtaking the US auto industry in the 70's. And this has been increasing ever since with other industries.
The wealth the baby boom generation grew up with was a one time event that will probably never be repeated again. Things will likely revert back to where things were before WW II: the US competing with the rest of the world, and income being high for some, but competitively minimal for most others, and this means each generation since has been less well off than the previous one.
The politicians can not survive with that, so various ways of disguising that have been tried. One was trying to shift from production to finance, which gave us the downsizing in the 80's. The next thing was the computer and internet bubble, and latest thing seems to be the AI and cryptocurrency bubble.
But the trend of world income is going to level out at some point and it may not be at a point we are used to.
Of course the social stuff must be attended to, but I think the way the underlying economics is going cannot be gotten around. This obsession with the wealth of the previous generation has got to stop.
It took a world war to give the baby boom generation what it got.
Write a book then
the credit card era became big factor in the transfer of wealth
The decimation of the American manufacturing base is a symptom of the monetary policies adopted in the Bretton Woods agreements. By making the dollar the mandatory reserve currency for convertibility and debt settlement, we created a system where the dollar dominates the economies of poorer countries. The weaker currency always historically attracts the production base. Austrian economists warned us this would happen, but we were greedy and sold the future for the promise of cheap imports. I think you are right that the loss of manufacturing has tremendously affected us, but it was also an inevitability for it to happen as a consequence of our monetary policies.
My Mom was born in 1916 died in Oct 2023 at 107. She said this all started when the women went to work, WW2, to fill men's jobs and to make war accessories. The call was nationwide and for the first time mothers were away from home for hours at a time every day. Moms come home feeling guilty so they started spoiling the kids. The role of Mothers changed dramatically. We won the war but lost a tradition vital to the nuclear family which is by far better than what we have now.
Have long thought along similar lines. And it’s often put forward as a defence of Keynesian economics that WW2 took the US out of the 30s depression.
Scott galloway is a truly good man, you can see the pain in his eyes, the way his voice shakes when he explains. He is one of the few elites that truly cares.
This is not the total picture. My parents and grandparents started with nothing. They would never dream of wasting $1000 on a phone or tablet or anything else. They worked much harder and saved their money.
Key word grandparents; he's discussing parents.
@@user-rx162 parents and grandparents was in my statement.
@@russhendrix9674 Okay well my grandparents had nothing but my parents had everything and kept it
I saw my dad go from buying cheap golf clubs and saying "I cant afford the nice ones" to the man at the counter (when in reality he could, just want smart to spend more) to him buying a $100,000 Porsche and then sending it off for a $50,000 upgrade....... People change over time.
Let's not fool ourselves. Today's world would not be recognizable to the previous generations. The good times are over.
Let us keep the fruits of our labor. I hate having to pay taxes to financially support my ex-friend who is an alcoholic on welfare who chooses not to work. I have a husband who is disabled for real and a disabled son!
I’m deeply sorry your husband and son are disabled. I am disabled w/ MS, and trying to find affordable housing is impossible, especially on SSDI…I’ll be homeless in October. Our state hasn’t audited individuals receiving Section 8 vouchers given in 2021 for Covid. Too many people are “gaming the system” at the expense of those truly in need. Your family, like myself, paid taxes, and still do. God bless and keep you and your family.
it's hard but we don't get to pick and choose where our taxes go, if that was true defense spending wouldn't be 60% of our national budget
I wonder if your ex-friend became alcoholic because they were dealt a bad hand in this country..
@@72marshflower15 If someone CHOOSES to drink because of a "Bad hand", why should others pay for it? Plenty of people are dealt a "Bad hand" and don't become a burden on the system because of bad choices!
@tree915 very limited perspective - watch gabor mate then you can hopefully gain some understanding and compassion for the people in pain and struggling with addiction and hardship These people are not a burden on society they are the result of a fkd up society.
I seem to remember someone saying that we are "mortgaging our children's future" about 30 years ago in a presidential campaign....guess they were right.
Was it Donald Trump? Surely it wasn't orange man that said that!?
When the unprecedented governmental spending spree began in 2021, I figured bottom would have fallen out on the economy in 2024. Historically it takes three years after such spending, from Genghis Khan to modern day Venezuela it happened to all of them. The problem is they never stopped spending so you really have to wonder if the potential disaster is just being compounded three fold. Scary times
Federal reserve, cronyism, Fiat currency, and no term limits. This is what the true problem is not the average American.
I disagree. You can’t pin everything on government. Parents are to blame for this mess.
Question is who is responsible for this?
YOUR WELCOME TO RUN FOR CONGRESS, ANYTIME TO SOLVE THE PROBLEMS,
I'm 20 and feel like everything is pointless. I don't like this planet
NO BRO YOU DONT LIKE GOVERNMENT THIS IS ONLY A WESTERN CIVILIZED PROBLEM.
Go fishing, you’ll feel better even if you don’t catch anything.
You don’t like the planet bc your government has made your life more difficult than it should be?? Nihilism is always rooted in some sort of immaturity. The “planet” isn’t the problem, it’s the ppl who continue to vote for policies that hurt them and make them poor. Solution-get government out of the way, and support a free market. The free market reduced global poverty by 50% in the 2000’s, in just 10 years. Meaning that the number of ppl living below absolute poverty was reduced by half in a decade. That’s a miracle. And then, of course, all the morons who bitch about capitalism have dropped a nuke on the very system that accomplished that miracle. If you want to blame someone, or dislike something, blame your government, not the planet. And then do something about it. Stop allowing the government to give what’s yours to illegal immigrants and welfare recipients. Get them out of office. Support a free market even if it can be a little unfair, bc it’s as close to perfect as we’ll ever get. There’s no reason to believe it’s all “pointless”.
Woman luv it when u abandon them as well...total dystopian society...who can treat the other the worst wins...aweful just aweful
The Bible is clear that every thing in this world is pointless (in that it will all turn to dust and you can't take it with you) so you need a bigger horizon than the here and now to find meaning. Life might still be tough at times (mine has been) but you press on because there's hope of something better.
I agree with some points he makes, especially about keeping education costs in check. Tuition shouldn't have increased faster than inflation. If you look into it, you'll see that the rate of the increase in administrative roles in colleges has been much more rapid than the rate of college enrollment, and these positions need to be reduced if college is to serve the needs of the student cost-effectively.
Colleges that hike tuition faster than inflation shouldn't receive Pell Grants, federal student loans, or research funds. Not every student is suited for college; we must remove the stigma around skilled trades and bring back vocational classes in high schools.
Minimum wage jobs were meant as a stepping stone, not a permanent career. To provide these newer higher paying non-professional jobs government should be an ally, not a hindrance in supporting entrepreneurs in creating new industries and higher-paying jobs.
We should address disparities in the tax code and limit government growth to 2% per year. Having worked in government, I've seen how it can create unnecessary positions and protect inefficiencies. Offering early buyouts to government employees near the end of their careers would not greatly affect the living standard of those employees and could help streamline operations.
In summary:
- Education should focus on providing affordable, job-ready degrees.
- We need to cut down on unnecessary college administrative and government jobs.
- Foster industries that can help people transition from minimum wage to higher-skilled jobs.
- Tackle tax disparities and restrain government growth.
· Pay down the national debt as quickly as possible
And who does he blame for this? Anyone and everyone but the actual source of the problem... the Federal, State, and Local government.
The Federal Reserve has the money printer which enabled all those govt bodies tho..
@@brent4073 True, they are the ultimate culprits.
He demands more statism.
I blame feminists.
He stated in the video that those voted into congress are those in the Baby Boomer generation, if you watched the rest of the video. Because the Baby Boomers are the only ones who vote.
damn right he is.
it spiraled out of control suddenly and permanently.
The system worked for you, but it failed us. I started building houses at 15, I’m now nearly 34 and still cannot afford a home of my own. All I wanted growing up was a family yet I refuse to bring a child home to an apartment. I’m ready to watch it all burn..
My son (30) said the same thing! I help him all I can and it still isn't enough. I weep for the future and I weep for the grandchildren I'll probably never have!!
Yeah, well, de Tocqueville wrote, back in 1830, that America was good because her people were good, and America will stop being good when her people stopped being good. Who was it that thought it a good idea to abandon the pursuit of religious virtue as a social necessity?
(religious virtue) What? Kids are out supporting Gaza and Islam on every campus.
Don’t be obtuse. America’s religious virtue was never Islamic. But you knew that, didn’t you?
@@MikeAhern-199 seriously, 4 wives, child brides, corporal punishment: religious virtue?
CSUnger: Madeline Murray. Famous atheist that couldn't stand those who believed in God. In 80's classrooms Golden Rule couldn't even be taught. Tee
correct. no not islam, nebulous spirituality, atheism, judaism, humanism…Once again in 2024 in willful or socially innate ignorance people still refuse facts-christianity, or just christendom, or hell just biblical principles formed the philosophical ideals, but real foundations if the usa. the rational founders knew, recognized the differences, warned against islam and so on. God and references thereto abound in the founding docs, early letters, government proclamations, architecture (investigate the federal/national monuments), basis of public and private universities (scan their histories and their mottos). you may not like it. it might hurt your feelings. you may resist the conclusion warranted by the evidence. you might attack it-none of which makes any dam sense. but its brute facts. stop whining even though its one of america the affluent’s favorite pastimes.
And yet the rich are getting richer by the day. When I was young it was unusual to be a millionaire, now BILLIONAIRES are all over the place while the average person struggles to live.
The core of this rising inequality is simply asset classes bundled up with a flavouring of generational wealth transfer and fuelled hard by the removal of restrictions on the movement of capital in the 80's.
The free movement of capital was the root cause of all the off-shoring (hate the euphemism for industrial destruction) that produced the wage stagnation in many Western countries - most people in a society do not get rich by being hairdressers and insurance salesmen.
Those that had some stock of wealth prior to that liberalisation of capital flow were able to get in at the ground floor and invest heavily in the now globalised stock markets. It is that simple fact that they have been invested for at least two generations that is causing the rich to be getting richer - at a certain point, wealth becomes self sustaining. Being able to pass that accumulated wealth on to your children allows the pile to become bigger still ... until the third generation, who usually lose it all.
That last reminds me to say that the much talked about 1%, the Elites, are never a fixed group of people - families rise into it and fall out of it in a generally three generational cycle - acquire ... maintain ... squander.
Excellent. Brave man!
You're not finding your truth - you're finding Diabetes... 😂😂
For a moment, I thought I was listening to Tucker Carlson!
We need MORE MEN TO SPEAK ABOUT THIS.
What is puzzling is that the younger generations do not seem to see that the millions of immigrants (legal or otherwise) coming into the country are competing with them for jobs and social services from the government. The more we choose to spend on them is money and effort taken away from the very native generations who are moaning about how bad it is for them (and wrongly blaming the boomers for their woes).
It is the boomers fault.
Well boomers are behind all that is wrong with America.
Tell that too black rock man...
It's because critical thinking is considered racist now...like math and medical training. We are graduating uneducated activists with blinders on.
So blame it on immigrant and not the government monetary and fiscal policy ? got it..
God bless the Truth. This man speaks the Truth. Nice to hear.
Let’s go! Get Scott on the show!
This is still skirting around the issue, America is not the same because there is less of the people who made America.
Import the third world, become the third world. The "melting pot" was always a vicious lie, designed by those who were and are addicted to cheap labor.
Ok... I'll ask. Who made America and where did they come from?
@@NateDohDoubleGee If you don't know this doesn't concern you.
@@TheSololobo I do know but would like to hear your opinion, hence the question. Afraid to answer?
@@NateDohDoubleGee So if you know the answer you must know its true, glad you agree.
Our educational system is horrible.
Whatever you think, it’s worse than that. “Criminally negligent” is getting closer to an accurate description.
Society prospers when the old plant trees they'll never sit in the shade of--and collapses when the old devour the young to live one more day.
Just wait until they finally realize that Taxes only go UP.
Well I'm 53. started work in the 80s, watch my wages and my labours rights walk out the door. all our manufacturing move to China because of the free trade agreement, Mass immigration has push up house prices so that the working poor are now debt slaves. "Renters" Here's the rub! Both my parents have homes. I'm basically homeless. to them i am a loser because i ended up with nothing!. out of the four children only one of us has made some progress but had to move to Asia. Do I think this is gonna change? NO! should I take up arms against a sea of troubles? NO! I know what is to come, So talking sides is fools journey. Global socialism is coming. all of us will become debt slaves. Just like Babylon, just like Egypt.
It’s Rome reunited. Biblical. The Middle East united with the east. Absolve nation states and you have your one world government. That’s the plan. They told us. The great reset. Well you need a great collapse before the great reset. That’s what we’re seeing and in now. Great collapse of the old order (Christ) and the new order will be an order opposite of Christ. Anti christ if you will
Probably right. After 3 (?) generations of leftist influence in higher education, the brain eating amoeba that is socialism, has deeply affected enough peoples’ views, that it will probably arrive without much resistance.
That's the kind of thing that happens when a society/species doesn't have any common long term goal as a whole. What's our 100 years plan? What's our 300 years plan? What's our 1000 years plan? That's right, we either don't have one, or you are being kept out of the loop. Do you even truly matter as a human being? Does your opinion matter as part of a ''contributing citizen''? It doesn't.
If the young realised they're blaming the wrong people, that it's not their parents/grandparents fault but the people setting the rules, then we would all be in a position to work together to change those rules.
They have fallen for the 'divide and conquer' strategy.
May be a 'liberal' but love this cat already!
Finally, a person who says it like it is and it's ugly. I'm 71 and grateful I'm not young. A sad but true statement.
Thank you for being honest abot the shit stick that was your Me Me Me generation.
Liar. Nobody would rather be old than young being old sucks
Yes a lot of truth about the dire situation...but he's blaming the wrong people.
@@jimosmond2082 Maybe it does but when I was young, life was awesome. unlike todays young robots who spend most of their day looking at their iPhone. There already dead!
@@NBPT428Hi, young "robot" here (24). I have finanically done everything right yet the "American Dream" is completely out of reach for me and 90% of my friends (the other 10% grew up rich). The apathy you display in your comment by reducing my generation into "young robots who spend most of their day looking at their iPhone" is EXACTLY the point of the video, how you can say he's "telling it how it is and it's ugly"... then proceed to be the ugly?
Unsurprisingly, he doesn't address the root of the problems, which is too much government. If we returned to a rational interpretation of the Constitution and subsequently dramatically reduced the size and scope of the fed gov, these problems would fix themselves.
He is a democrat with a $100m net worth. He loves big government and socialism.
Well,he addressed that on the schools themselves with the huge endowments vs enrollments chart. Not to disagree with your comment though.
That's because the root of the problems outlined here is the out of control, tolerated corruption by private companies, public companies, and private equity. Government is fat and bloated also, but it's not really the true root of these specific problems.
That's not the root cause.
The root cause is: the ideological biomass of the older generations suffocating the ecosystem.
In more familiar terms: so many older people take the world they lived in for granted, and vote self-serving policies & behaviors, to the detriment of most everyone else.
"too much government" is a consequence of older people voting self-serving public services to further assist them delay death and other consequences of aging, among other things.
And I said "ideological" because it is specific to the ideology of this mass of aging people.
Let's imagine a different predominant ideology: one that is focused on transition of power, from the old to the new. Under such a culture, it may be acceptable to let the old die, or even kill them, once they serve no purpose. It sounds cruel... until you compare with the consequences of alternatives (as seen in the above charts).
@@edstoutenburg3990 i'd say he "touched" on that, and very lightly too. He's pointing out all the symptoms but he doesnt really discuss the disease, which I suppose is fine because the idea of rationality is we can all look at information and decide for ourselves waht the cause (and hence solution) is.
Total bunk. I was told the same thing 50 years ago when I was young.
for the people stuck in the prosperity comparison to the 50s and 60s, remember, America had a virtual economic monopoly during the post war boom, when the rest of the world was rebuilding. I posit that the real economic downturn for working class America was caused by the Reagan revolution.
I knew he was left leaning when his solution to the madness included more government.
We've been on an anti-government binge for the last 40 years how is it that is STILL the only answer conservatives can come up with? No wonder the youth dislike y'all more than they dislike the liberals
Not afraid to tell the truth, how many will walk out of there, go home and watch MSM and forget what he said ?
I can imagine they all clap - not because they care about this devastating problem - but to gain the “cool factor” of caring (i.e. virtue signaling). Some may care, but 100% will make zero effort to do anything other than voting for some politician who will actually do more damage.
This guy is spot on.
Galloway has done an excellent job identifying our problems. His proposed solution is to implement socialistic policies to solve the problem rather than returning to free market dynamics.
Socialism won’t solve the problems created by our oligarchy
National Socialism (NAZI) and Soviet Socialism (USSR) are excellent models to be emulated.
In this video he doesn't really identify problems. I assume he's just mis-informed, but it's possible he knows better and is using statistics to paint a false picture. Yes, older people now own a greater share of the total wealth. But older people represent a greater share of the population too. Incomes and wages, adjusted for inflation, are up dramatically since the 80s. Anyone who thinks typical people were better off in the 70s doesn't remember the 70s.
MARKET DYNAMICS CAUSED THE PROBLEM, TO MUCH GREED
"Everything points towards a need for socialism, but we don't want to do that because we're told that's why everything already doesn't work" - every armchair macro economics master in this thread.
A Lefty scolding his fellow Lefties. Welcome to the society that you helped create.
💯✅
100%
A typical brain rot victim trying blame greed and corruption on a political party because that's what they tell you to do now. Surely the party you like is right about everything and the other one is wrong about everything.
And, every one will vote the same way they voted last time.
A hedge fund offering classes! Spot on 🎯
Hedge fund offering classes.
"People over the age of 55 feel pretty good about America." I am over 55 and because of that perspective I understand exactly what we have lost. At 17 I raised my hand and took an oath to serve this country because I thought America was not only the greatest country that existed at that time, but was the greatest country that had EVER existed. But if America was as great as I thought, how could we let our children be indoctrinated to hate America for entire generations? If America was so great why have we abandoned wanting freedom in favor of wanting free stuff? How have we become the worlds leader in mass deletion of children in the womb? How have we gone from a country where race doesn't matter to a country where race is the only thing that does matter? How have we allowed men to humiliate women by dressing in woman-face and replacing them? A country where a Supreme Court justice can't tell you what a woman is? A country where you can be thrown in a dungeon without charge and without bail and tortured for trespassing on public property? I would not have taken that oath and worn that uniform if I had known then what I know now about America.
The Way that Combat Veterans are Treated in the US, Britain and Canada is an utter and complete shame. That in itself shows exactly what we've become eh. Pretty Sad.
The American people betrayed this country and turned its back on those that served, and continue to serve it. They knew everything was wrong since Vietnam. I’ve learned that’s the trouble with loyalty to a cause. It betrays you in the end.
But you served honorably. Thank you for your service..
Thank you for your service and your comment
Everything you outlined comes from the leftist progressives in Givernment & Education.
When I was 25 I still had a hard time paying bills and lived from paycheck to paycheck. But, I was not alone. A Huge number of young men and women my age were all in the same boat. I was in my 50s before I was completely financially free of worrying about debt. At 70 I can save and buy at the same time. Just like the rest of my friends.
Same here -- working rotten jobs and living with a half dozen roommates. Starting saving in my IRA as soon could and for years it was "OMG! I gave up going to the big concert of the year and have been living on rice and grated cheese to make my IRA contributions and I got a whole 3 dollars in quarterly dividends?" Several decades later, I am so glad that I gave up that those non-essentials and now see quarterly dividends that are real money. Last job I worked with young people who were spending thousands of dollars on their ink and putting nothing in the company 401K or an IRA. I got a lot of eye-rolling "OK boomer" looks when I suggested saving over decoration. I feel bad for those living like I did and still not making it because it IS tougher now financially but the ones who spend unwisely, eh, hard to have sympathy.
One correction, it it not "fatty" foods. It is processed foods loaded with carbs, and specifically sugar.
We stopped enforcement of our immigration and monopoly laws.
Obama wanted to fundamentally change america. And damm if he is not doing it under the Cloward Piven Doctorine that he learned about at Columbia University.
😂😂😂 it flew right over your head
It's not an exclusively American thing. It's a consolidating rentier driven economics and America is behind Europe roughly 30 years, give or take a few years regionally.
Dave saying Scott is waking up to something is code for "I’ve just come across him on UA-cam"
Boy, Dave really curates his comments.
All arguments for small, limited government and abolishing the Fed.
SORRY, CANT
"The Statist's objective, always, is to make as many persons as possible, as dependent as possible, on a government as big as possible."
-- Robert Lee, "Tracking the Budget Beast", The New American, May 27, 1996
Meaningless. Just some guy saying something.
This is the difference between TED and TED+. Facts.
I'm 73 and I think not just the USA but the entire west is doomed. I am far from alone in that age group.
I spent my entire life saving a deposit for a mortgage...
I was about 40 - the Covid lockdown happened - it cost me _all_ my savings.
Now I have nothing...and it looks like I'll never retire 😟
The Covid response was worse than the disease for many.
Feels brother, I'm 38... I had to settle for a shit condo at 3x the price and it cost me so much in fees and assessments I have to sell. If I was born 2 years earlier... everything would have been different...
Covid lockdowns, hyperinflation, and the tidal wave of city flight and mass migration is crazy.
Title should be: "Do we love other people's children?"
Exactly. At best a child might be loved by his/her parents. But in actually hated by the rest of the voter base all together. Why its a stacked game. Its party due to the limitation of democracy.
The angst is caused by fighting over crumbs.
Well, who do young people vote for? I know, I know!!!
Believe it or not, this is a global issue not just an American issue!
We are facing the same thing in our part of the world.
The problem is not the fatty foods, but the sweet food.
I love my son. I can’t wait til he’s a senior and I can tell him why going to college if nothing but debt and worry for minimal return. Learn a skill and get overpaid in a society full of kids who don’t want to work. That’s the best future for our kids now.
No, no it’s not.
Won't be overpaid. He will make the minimum required to survive and if he won't accept that they will fly in cheap labor from another country.
@@epplekaka YES. Oh, speaking from experience here. I went from Iron working Union to Carpentry none union to married and in college. So did most of my friends. They ALL are making much more than prior and with that income they can eventually open their business.
Long story short people are in worse conditions on both sides of the collar in our work force.
Calling the new generation lazy and blaming them for their shitty situation was not the conclusion you should have come to through watching that TED talk.
@@Sam-tb8hp thank you. We inherited mistakes of our fathers. Likewise, what we do will echo throughout the generations to come. We all have to work together to make a fine tuned society.
Me loooves this truth teller warrior warning!!!❤💪🙏
I find few leaders in America. Scott is one.
If things were better in the 50s and 60s than they were today then maybe we should look at what’s changed… no internet, no birth control, men worked and women looked after the home.
What changed was boomers taking loans out from the Fed that future generations would have to pay off, what changed was the coddling of boomers at the expense of future generations, what changed is there are billionaires trying to destroy America inside out socioeconomically as their pet project
None of those are the actual causes.
So bottom line is Progressivism is not the best thing for a society. Progressive leftists are always trying to push the social justice envelope while destroying everything that is normal and good.
Exactly. Going back to basics is the key
We used to plant trees we would never feel the shade of in our elderly years
He isn’t waking up ahold … he’s been talking about this for years
You want socialism? Bc that’s how you get socialism
Uncontrolled immigration is the problem.
Absolutely! We can’t care for our Vets, mentally ill and homeless Americans, but our government sure is bending over backwards housing, feeding, clothing and giving away free money to illegals.
Current administration is the problem.
@@totalbullion5882 Both go hand in hand
Is a small part of the problem.
@@totalbullion5882 left wing or right wing... both are part of the bird. The GOVERNMENT is the problem, period. Always has been.
Young people have NO GRATITUDE
Guys especially we in USA and EU let's prepare.. next 5 years are gonna be hard. I don't want to scare anyone but give this a little thought, do the research and be ready as well as you can be.
Godspeed guys!
Anywhere you find a person who didn't have to work or take a risk in order to create wealth...
You've found the exact location of the problem.
interesting observation.
I'll take "I blame the hippies for $500, Alex"
YES!!😂😂
This is savage and I love it.
not one time in this entire video did he touch on some of the very key problems that are facing Americans today; issue #1 approximately 12 million illegal undocumented non American citizens are currently in the United States, they are staying somewhere (that is a major reason why housing is so expensive. #2 Endless government spending, billions of which go to funding some of the things he did list like schools with billion dollar dowry's. #3 The Federal Reserve, printing money faster than the government can spend it.
It really blows my mind that people can clearly see that there is a problem but no one seems to understand the root cause is the government.
Honestly I think those were left out on purpose. It's sad, but the majority of people in this country are unable to hear those terms without their heads exploding with righteous fury.
@@brianlevine249 they were left out on purpose because he still doesn't really understand the root cause of the problem.
@@whyomgwhywtf Good point. You might be right. He doesn't understand how to go further to the actual root cause.
Correct. It's not so much that "housing" is more expensive, but that housing anywhere desirable is much more expensive. By continuing to (i) import an underclass via immigration and (ii) create an underclass via degenerate social policies, we are rotting our lower and working class areas, and anyone with any money or aspiration is looking to move somewhere far more safe, educated, and, unfortunately, expensive.
Spot on
Well if kids can't afford college maybe they won't end up hating their country.
Galloway was right!
This guy was spitting fact after fact.
Government debt is the problem. Government spending is the problem.
Government spending goes right into YOUR pocket.
If I grew up with two guys that bought me, I'd probably be more prone to end it all.
The big problem that has led to the unaffordability crisis in college and mortgages is the cheap and easy credit we had for 30 years. That was pushed for by Wall Street paper traders and enabled by our bought-for government.
Wow Moby is up there spitting facts!