I agree that policy would most likely backfire since people misdiagnose the problem all the time. High rents are a function of the market not being free as the piece mentions (zoning, permits & overhead, resistance from homeowners and public input), while many come away with simple impressions that the issue is the greed of builders - i.e. too much market involvement. I don't trust the public to understand 2nd and 3rd order effects well enough to evaluate solutions, though the rise of YIMBYism among the public and state apparatus is an encouraging sign. Cities have plenty of ways to thwart change unfortunately.

Archive link: https://archive.ph/k66hr

Having read this, this Gen-Xer is asking:"How can I join and help these Gen-Z socialists?"

Maybe gen-z "socialist" aspiration are too "passionate" but (to me) look in the right direction, the actual form of planetary capitalism is way out of control and totally unable to even the slight change or reform. Is not X is right and Y is wrong, we need a mix of both to stay afloat, and actually markets and finance only say "more and more speculation", obvious that some young people, having still the capacity of dream and imagine alternatives, got a bit of rage.. Even stranger, many of the true economists around (those really study the complex system of economy, and not only pushing out propaganda) say that a more equity, (true)investments, and redistibution will help even the rich, in the long period. So fight back? until the end of the world?

1. I think if you want kids to grow up with a healthy respect for capitalism, you have to start with the oligarchy. Capitalism without regulation that enforces a healthy playing field is something else.

One thing I realized is that - I think most people seem to grow up with what is a more emotional than purely rational passionate support of either capitalism or socialism. And I realized, maybe I'm the only American whose not entirely sure where on the socialism - capitalism spectrum they are.

> A punchier defence of capitalism would work better in the social-media age than hand-wringing by uncharismatic centrists like Sir Keir Starmer.

> [...]

> Politicians must stop saddling the young with the burden of funding excessive pensions.

Can this author pick a lane?

I like socialism. I believe in people.

I hate the demented woke. I believe in people.

There is nowhere for normal sensible people any more.

rage bait