It is wrongly called entitlement, cupidity and materialism. We often clothe it in the equal distribution of resources. But really, fairness is about receiving a turn. An opportunity to have a seat at the table, a chance to show our best work.
One of the greatest economic experiments over the last century is the industrial economy. It created an unprecedented increase in the standard of living for the masses.
Except, since the 1960’s, we have seen the middle class fading. The rich are getting richer while the poor remain the same. Yesterday’s middle class wage doesn’t buy the same life today.
The eight richest people in the world (all men) have as much money as the poorest half of the world. The richest one percent captured 82 percent of wealth created last year while poorest half of the world got nothing.
What does this mean? What does this money buy?
Riddled in debt, this rising generation is looking for answers to be free of this trap. The choice: Take a higher paying job that doesn’t align with your values to live a better standard of living or scrape by doing what you love.
This changes things. The game, the promise that was set before us doesn’t work anymore. But once you see the system is fixed, collectively we can work together to fix it.
(Subsequently, I think this is why Millennials are hoping the Crypto market will work more than anything–a chance to start over.)