Unfortunately, they fucked around for us to find out. I don't feel bad if they find out a little bit too.
A Boring Dystopia
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Thing is, it's not the same "they". Those who profited off the working class and shut the door behind them are not the ones seeing their finances ravaged because their kids live in the basement.
Unless you consider their voting history complicity, which I do.
Children cost, who would have thought.
Tbf, the boomers came of age in the 70s, so the economic system was well in decline by then.
Part of the problem is a secular cycle. The baby boom of the postwar period helped fuel a big economic expansion that helped people for a while, but eventually the power of individuals fall because there's so many people.
Most boomers didn't want their jobs to move to China. China is starting to experience the same secular cycle ironically.
Many millennials were the same age during the gfc. Are you to blame for that? Are you to blame for the debt expansion and money printing that have promised to destroy the next generation? Zoomers came of age during covid, are you to blame for covid policies that destroyed the economy?
I mean, is it really surprising that a generation full of Karens who have blamed other people their whole life for their problems are now blaming their posterity?
And here we are, blaming other people for their problem as well, and mostly just the other regular Joes whose only fault is to be born earlier
Late Gen X with a Gen Z kid here, not contributing nearly as much to my retirement as I should be because I'm supporting her through college (without loans). We inherited this shit and we're sacrificing ourselves for the sake of our kids. I don't know who's to blame, but we've been dealing with this shit our whole lives. Don't blame us; we're trying to help
The system needs changing.
The goal should be overtime everything gets relatively cheaper and relatively better. Housing is the big exception.
Stop immigration as a mean of increasing population and keeping wages down.
In crease density in cities even if it means new taxes (LVT) or forced government buy outs.
Built new cities or high density suburbs with direct train links to the city centre.
The problem is with climate change immigrants are going to come and unless you are advocating mass murder the nations that have the ability to sustain life must take them in.
Stop immigration as a mean of increasing population and keeping wages down.
Sure, it is immigration that is keeping the wages down... I have no idea which country you originate from, but immigration is probably necessary to keep your population balance in check. So they are not the reason that wages are down; that would be the few determining the wages and exploiting you and those immigrants together.
Have they not figured out yet that this whole capitalism thing is imploding on itself
It is, at least partially, an inevitable consequence of an educational system that, whether by design or by accident, makes social mobility really difficult. Accessing advanced education often requires financial or personal sacrifices that are harder to make for lower income parents and kids. This is also compounded with the fact that in many places there's a perception that if you want a really good job you will need to go through this advanced education.
I was in that situation myself, I was always told that I couldn't expect to get a really great job in IT unless I went to college, which was unfeasible for me both financially and in terms of my aptitudes as a student. But fortunately for me, I discovered that my country had a vocational education system that prioritized the quick transition from education to employment, and a mere year and a half later I had a decent job, six years later I am an engineer. Turns out it wasn't necessary to go through four years of extremely expensive, pointless hoops, I only needed a chance to prove myself in a professional environment. It only cost my family 800 euros in two payments, now we are doing well financially.
So yeah, maybe just maybe if there were more systems in place like that, we wouldn't be reading how more and more parents are having to sacrifice everything just to give their kids a chance at some sort of future, you know?
Idk maybe I'm rambling.
You've identified a part, and symptom, of the system. What is behind it is capitalism.
Our education systems are designed to make us complacent worker drones incapable of critical thinking. Our higher education systems are sold as a necessity for anyone who wants a slightly less crappy life, and ensure anyone who doesn't already come from money who wants to go down that path starts their life in deep debt, making them desperate and easier to exploit.
These are all features of the system there to ensure its own existence.