I’m sure this whole article comes as a shock to nobody, but it’s nice to see it recognised like this.

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141 points

caught in an economic perfect storm

It’s nobody’s fault, just economic weather. Just bad luck. Nothing to do with corporate capture of the political process whatsoever.

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37 points

The phrase “perfect storm” doesn’t necessarily relate to luck, it just means many bad things have happened or are happening at the same time. Which pretty accurately describes the era millennials are living in.

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36 points

The bad things did not just happen, they were conscious choices or the inevitable consequences of those choices. I’m criticising the framing of this situation by the use of the passive voice in this subhead.

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12 points

The bad things did not just happen, they were conscious choices or the inevitable consequences of those choices.

Which the authors then go on to explain in further detail, following the introduction. It’s right there in the sentence you cherrypicked that phrase out from:

An analysis of five factors — housing, healthcare, debt, tax, and income — reveals the age group is caught in a perfect economic storm.

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10 points

“Capture”. Did no one study the bourgeois revolutions of the 17th and 18th centuries?

The capitalist class revolted against the aristocracy and built new systems of government to benefit them. That is the origin of the modern state and capitalism.

The state as we know it has always been just a tool of the capitalist class to control all other classes. That’s what the state is, a tool of class control.

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8 points

I’m from the UK. We still have a monarch and an aristocracy, as well as a capitalist class. Even worse: they interbreed.

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1 point

You’re from the UK and you don’t know about the English Revolution…? Where a constitutional monarchy was instituted, and the capitalists came into power?

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2 points

Forgive my ignorance, but which event of the 17th century would you classify as a burgeois revolution? Late 18th century of course, even many during the 19th century, but i just can’t remember any such event from the 1600s

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3 points

The first one, the English Revolution from around the 1640s to the 1660s?

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