The most significant challenge of our times relates to the ongoing theft of society’s wealth across the board by a very small group of people known as ‘oligarchs,’ the ‘super rich,’ the ‘overclass,’ etc. Whatever you want to call them, this group is hellbent on using political cronyism in faux democracies across the global to aggregate all the world’s wealth and power, while concurrently implementing an Orwellian surveillance state spy-grid in order to protect their fiefdoms once the plebs finally become restless. This much we know.
While the above-mentioned clash between oligarchs and the demoralized and confused citizenry (a significant percentage of this class doesn’t even know the clash is happening) will be the defining battle of my lifetime, it is extremely important to understand another conflict that is almost equally important. This is the widening division between generations, which I believe will get quite ugly in the next severe economic downturn beginning sometime next year.
The reason this conflict is much more nuanced, is because millennials don’t dislike their parents, and baby boomers aren’t actively trying to harm their children’s future. Rather, both generations are going to experience a gigantic clash in the years ahead as these distinct generations’ collectively look to secure their own futures. For the boomers, this will quite singularly mean securing a comfortable retirement. For the millennials, it will mean a professional and family life that feels rewarding, higher standards of living, and political, cultural and economic self-determination. Notably, millennials have realized none of these things, due in large part to baby boomers holding firmly onto the reigns of political power and bailing-out their financial portfolios whenever they are threatened, and at any cost.
As millennials come into their own and realize how fucked they are, they are becoming more and more vocal. Thus, we see increased youth movements all over the world demanding self-determination, such as the massive gathering in Hong Kong known as #OccupyCentral. We also saw clear signs of generational fracturing in the recent Scottish independence referendum, which I discussed in the post, Fear and Loathing in Scotland – Why the NO’s Won and Lessons Learned from the Vote, in which I noted:
This post was published at Liberty Blitzkrieg on Oct 3, 2014.