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> Unfortunately millennials do not remember the Soviet Union. Unless there's a sustained period of economic prosperity similar to what followed WWII, socialism
by spamizbad 8y ago
> Unfortunately millennials do not remember the Soviet Union.
Unless there's a sustained period of economic prosperity similar to what followed WWII, socialism will continue to gain support among Millennials. Most of the warnings around socialism sound similar to those we've heard about illegal drugs: "I smoked one weed and it ruined my life" = "I put in modest regulation and now it's the Soviet Union"
Edit: Specifically, unless Millennials experience some measure of sustained economic growth and stability, derived from capitalism, socialism will likely continue to rise in popularity.
Capitalism is in need of a better argument than "If you think free markets are bad, wait till you see communism!"
- justboxing 8y ago> "I smoked one weed and it ruined my life" "one bud" or "one blunt" or "one roll" not "one weed".
- spamizbad 8y ago... that was the joke.
- justboxing 8y agoOops. Guess the joke's on me now ROFL.
- ethbro 8y ago> Unless there's a sustained period of economic prosperity similar to what followed WWII Economic prosperity isn't the most unique feature post-WWII: severely flattened income inequality is. I.e. the top 10% going from ~45% income share in 1937 to ~33% from 1942-77.