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It’s the beginning of the climate revolution. It’s going to be real ugly I can tell you that for sure. The children have no future. The old have accumulated o

It’s the beginning of the climate revolution. It’s going to be real ugly I can tell you that for sure. The children have no future. The old have accumulated ownership of pretty much everything. A generation with nothing to lose. EDIT no climate future

googlryas 3y ago
The interesting thing about old people is they tend to die, and bequeath their properties to their children.
- michaelteter 3y ago
  But their children tend to think and act as the parents did, especially when they are insulated from reality by wealth.
- mistermann 3y ago
  True, but what of those who do not have wealthy parents?
- aunty_helen 3y ago
  Now you’re catching on
- barrysteve 3y ago
  We replaced expansionist policy with children inheriting wealth. It's not a soothing platitude for the next generation, that the most they can work towards is inheriting their father's achievements. Let's be honest, if we've come this far down the 'argument heirarchy' for growth and expansion, we know things are bad.
- nickserv 3y ago
  There's a good chance Brexit would not have happened if the vote was done today, simply because of old people dying off (most over 65 voted for, most under 35 voted against). It does look like a lot of climate legislation is facing similar situations, where the boomer generation is voting opposite to younger generations. In both cases it's frustrating because the younger generations are the ones that will have to deal with the consequences of laws they did not agree with.
- itishappy 3y ago
  Property and politics. Property tends to go to descendants, but politics affect all.
- c1sc0 3y ago
  … to their children who won’t have much use for said property because of how fucked up their situation has become as a direct consequence of how that property was earned in the first place …
  - googlryas 3y ago
    You are either extremely misinformed about climate change, or are intentionally being melodramatic.
    - c1sc0 3y ago
      That’s exactly how many in that generation feel, let down & angry, which makes their actions easy to understand.
failuser 3y ago
The wealth is skipping a generation. That would be a very strange age/role reversal.
bad_user 3y ago
> The children have no future. The old have accumulated ownership of pretty much everything. This is in general a myth. If you look at millennials or gen-z, ownership at their age isn't any different from the boomer generation. And it's still the best time to be born in. We can all agree that climate change is a problem to be solved, but "the old" can remember plenty of doomsday scenarios that never happened, including past predictions that global warming would destroy the world by year 2000. In the meantime, activists that prevent people from going to work, or that destroy property, are just jerks IMO.
- GaggiX 3y ago
  Yeah this is what I believe, I'm very young and I imagine that the parent post is talking about my generation but I cannot really stand with these people, they, for example, rally against nuclear energy, it just show how performative these protests are in reality, and how they do more harm than good. Also of course vandalizing properties has given them a certain reputation.
- anigbrowl 3y ago
  past predictions that global warming would destroy the world by year 2000 This is a bullshit conservative trope. I'm 53 and no such prediction was ever advanced as a basis for policymaking. Just because someone might have made such a hyperbolic prediction in a TV show or magazine doesn't mean it ever had widespread currency in the scientific or policy community. Please stop poisoning the well. https://en.wikipedia.org/wiki/Poisoning_the_well https://en.wikipedia.org/wiki/Poisoning_the_well
  - bad_user 3y ago
    The world has a long history of bad predictions. Search for example for the predictions made with the advent of the first Earth Day, 1970. Some predictions were more accurate than others, which led to effective policies, so for example, thankfully, we still have an ozone layer and we haven't started a nuclear war yet. Not sure what "poisoning the well" is supposed to mean here. I was replying to someone that predicts some sort of violent revolution. For what, I can only guess.
barrysteve 3y ago
We have to walk away from the old ways, no doubt.
marcusverus 3y ago
The fact that the old own much, much more than the young isn’t a bad thing—it’s evidence that the economy is a wealth-creation machine which works quite well. A 60 year old has been working 4x years longer than a 30 year old. The average dollar a 30 year old saved between 20-30 has, by the time they’re 30, grown for five years to ~$1.30 (assuming historical S&P returns), while the average dollar a 60 year old saved from 20-30 has grown for 35 years to ~$7.20. Any system where the old didn’t own much more than the young would be a nightmare. > A generation with nothing to lose. That’s what they said about millennials. Now the average millennial is 34, has kids and owns their home. Isn’t it just the pits when the system turns your would-be revolutionaries into homeowning parents with a stake in the success and stability of the system? Maybe it’s oppressing them through prosperity?
- kelnos 3y ago
  > Now the average millennial [...] owns their home I found this suspect, and looked up some stats[0]. It's hard to tell exactly, since the age groups don't fall on generational boundaries. But it does seem like ~50% of millennials own a home. However, the more concerning trend is that rates of home ownership have declined across all age groups since 2009[1]. In particular, the age of the average homeowner increased by 10 years between 2001 and 2019. [0] https://ipropertymanagement.com/research/homeownership-rate-by-age#age https://ipropertymanagement.com/research/homeownership-rate-... [1] https://ipropertymanagement.com/research/homeownership-rate-by-age#historical https://ipropertymanagement.com/research/homeownership-rate-...
  - marcusverus 3y ago
    The homeownership rate was high in ‘09 because of the real estate bubble. Homeownership rates are fine from a historical perspective[0] and are trending up. [0] https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N

googlryas 3y ago

The interesting thing about old people is they tend to die, and bequeath their properties to their children.

michaelteter 3y ago
But their children tend to think and act as the parents did, especially when they are insulated from reality by wealth.
mistermann 3y ago
True, but what of those who do not have wealthy parents?
aunty_helen 3y ago
Now you’re catching on
barrysteve 3y ago
We replaced expansionist policy with children inheriting wealth. It's not a soothing platitude for the next generation, that the most they can work towards is inheriting their father's achievements. Let's be honest, if we've come this far down the 'argument heirarchy' for growth and expansion, we know things are bad.
nickserv 3y ago
There's a good chance Brexit would not have happened if the vote was done today, simply because of old people dying off (most over 65 voted for, most under 35 voted against). It does look like a lot of climate legislation is facing similar situations, where the boomer generation is voting opposite to younger generations. In both cases it's frustrating because the younger generations are the ones that will have to deal with the consequences of laws they did not agree with.
itishappy 3y ago
Property and politics. Property tends to go to descendants, but politics affect all.
c1sc0 3y ago
… to their children who won’t have much use for said property because of how fucked up their situation has become as a direct consequence of how that property was earned in the first place …
- googlryas 3y ago
  You are either extremely misinformed about climate change, or are intentionally being melodramatic.
  - c1sc0 3y ago
    That’s exactly how many in that generation feel, let down & angry, which makes their actions easy to understand.

failuser 3y ago

The wealth is skipping a generation. That would be a very strange age/role reversal.

bad_user 3y ago

> The children have no future. The old have accumulated ownership of pretty much everything. This is in general a myth. If you look at millennials or gen-z, ownership at their age isn't any different from the boomer generation. And it's still the best time to be born in. We can all agree that climate change is a problem to be solved, but "the old" can remember plenty of doomsday scenarios that never happened, including past predictions that global warming would destroy the world by year 2000. In the meantime, activists that prevent people from going to work, or that destroy property, are just jerks IMO.

GaggiX 3y ago
Yeah this is what I believe, I'm very young and I imagine that the parent post is talking about my generation but I cannot really stand with these people, they, for example, rally against nuclear energy, it just show how performative these protests are in reality, and how they do more harm than good. Also of course vandalizing properties has given them a certain reputation.
anigbrowl 3y ago
past predictions that global warming would destroy the world by year 2000 This is a bullshit conservative trope. I'm 53 and no such prediction was ever advanced as a basis for policymaking. Just because someone might have made such a hyperbolic prediction in a TV show or magazine doesn't mean it ever had widespread currency in the scientific or policy community. Please stop poisoning the well. https://en.wikipedia.org/wiki/Poisoning_the_well https://en.wikipedia.org/wiki/Poisoning_the_well
- bad_user 3y ago
  The world has a long history of bad predictions. Search for example for the predictions made with the advent of the first Earth Day, 1970. Some predictions were more accurate than others, which led to effective policies, so for example, thankfully, we still have an ozone layer and we haven't started a nuclear war yet. Not sure what "poisoning the well" is supposed to mean here. I was replying to someone that predicts some sort of violent revolution. For what, I can only guess.

barrysteve 3y ago

We have to walk away from the old ways, no doubt.

marcusverus 3y ago

The fact that the old own much, much more than the young isn’t a bad thing—it’s evidence that the economy is a wealth-creation machine which works quite well. A 60 year old has been working 4x years longer than a 30 year old. The average dollar a 30 year old saved between 20-30 has, by the time they’re 30, grown for five years to ~$1.30 (assuming historical S&P returns), while the average dollar a 60 year old saved from 20-30 has grown for 35 years to ~$7.20. Any system where the old didn’t own much more than the young would be a nightmare. > A generation with nothing to lose. That’s what they said about millennials. Now the average millennial is 34, has kids and owns their home. Isn’t it just the pits when the system turns your would-be revolutionaries into homeowning parents with a stake in the success and stability of the system? Maybe it’s oppressing them through prosperity?

kelnos 3y ago
> Now the average millennial [...] owns their home I found this suspect, and looked up some stats[0]. It's hard to tell exactly, since the age groups don't fall on generational boundaries. But it does seem like ~50% of millennials own a home. However, the more concerning trend is that rates of home ownership have declined across all age groups since 2009[1]. In particular, the age of the average homeowner increased by 10 years between 2001 and 2019. [0] https://ipropertymanagement.com/research/homeownership-rate-by-age#age https://ipropertymanagement.com/research/homeownership-rate-... [1] https://ipropertymanagement.com/research/homeownership-rate-by-age#historical https://ipropertymanagement.com/research/homeownership-rate-...
- marcusverus 3y ago
  The homeownership rate was high in ‘09 because of the real estate bubble. Homeownership rates are fine from a historical perspective[0] and are trending up. [0] https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N