this post was submitted on 20 Jul 2023
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Have you seen the housing market lately? Capitalism was great for the boomers pretty much in every developed country. Now millenials and zoomers encountered this ripe form of it where everything is consolidated under a massive corporate entity optimizing only for profit.
I remember even a couple of years ago renting a place straight from the owners who moved to someplace bigger and after a year they just said i can live there however long i’d like with a month notice. Same rent for five years. Now every year i renew my lease through an intermediate management company and every year they hike the rent.
Groceries are getting more expensive, ads are fucking everywhere and every news outlet lies or creates mostly sponsored shit. We are surrounded by soulless corporations and we “work” for them at our bullshit jobs providing nothing of value. Feeling down? Why dont you install a fucking subscription app for therapy.
Boomers had a fairly well regulated capitalism, which they benefited from greatly.
Then they deregulated it because they got theirs, so fuck everyone else.
The boomers were adjacent to the two generations that started the neoliberal disaster. Reagan and Thatcher and Friedman etc weren’t boomers. The Clinton and Bush jr crew enthusiastically joined in, but they didn’t start it.
There are enormous government pressures against new construction. That’s not capitalism at work it’s centralized economic planning suppressing the supply of housing.
Ummm. Im in bed right now with two construction sites nearby waking me up. The whole city is in cranes and development companies make a killing. Still a basic 40m² place costs as much as a house outside of the city cost 5 years ago.