Discussion about this post

User's avatar
werdnagreb's avatar

My father-in-law (81), who I love deeply, has many of these ideas of youth who are profligate spenders and not saving for or thinking of the future. Of course, he came from a time when you could work a summer job at the mill to save enough money for university and a car. The only way you can do that now is by being the originator of a crypto scam.

Expand full comment
JS's avatar

I think David that you are giving too much credit to marketers (I am one of them, full disclosure). Western / capitalist societies are built on the premise of the marketplace and consumption. The shift from spending money in restaurants to go after non-staple grocery items (or maybe organic stuff), points to a societal change in terms of going out vs. staying home, for example. The underlying concept (consumption) remains the same.

Expand full comment
9 more comments...

No posts