Will There Be A Millennial Revolution?

This is a tale of three revolutions. Revolutions past – twin revolutions that served as lessons. The second was a counter-revolution, a result of not learning those lessons. And the third, well it begins in 2030, but stirrings of it are already being felt. I look at the causes of revolutions and state crises in the past, looking specifically at the English Civil War and the French Revolution, to argue as historian Jack Goldstone does, that we re following a dangerous path to potential revolution. The Baby Boomers were the most heavily invested in generation in history but as the population boomed, debt has grown with it. Millennials, on the other hand, are underinvested in, under-housed, and are experiencing wage stagnation. This is a tour of generational debt, neoliberal revolution, tax cuts, plague, stagnant incomes, Kings, the guillotine, and more. There’s a growing consensus on both sides of the aisle: neoliberalism has failed. And history teaches us that if peaceful social solutions designed to mitigate against excess and injustice aren’t implemented, then more chaotic, violent, and revolutionary solutions will inevitably follow. Then & Now is FAN-FUNDED! Support me on Patreon and pledge as little as $1 per video: http://patreon.com/user?u=3517018 Or send me a one-off tip of any amount and help me make more videos: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=JJ76W4CZ2A8J2 Buy on Amazon through this link to support the channel: https://amzn.to/2ykJe6L Follow me on: Facebook: http://fb.me/thethenandnow Instagram: https://www.instagram.com/thethenandnow/ Twitter: https://twitter.com/lewlewwaller Subscribe to the podcast: https://podcasts.apple.com/gb/podcast/then-now-philosophy-history-politics/id1499254204 https://open.spotify.com/show/1Khac2ih0UYUtuIJEWL47z Sources: https://www.intereconomics.eu/contents/year/2018/number/2/article/the-productivity-puzzle-its-the-lack-of-investment-stupid.html Jack Goldstone, Revolution and Rebellion in the Early Modern World Jack Goldstone, The New Population Bomb Bruce Gibney, A Generation of Sociopaths: How the Baby Boomers Betrayed America Joseph Sternberg, The Theft of the Decade: Baby Boomers, Millennials, and the Distortion of Our Economy https://www.hepi.ac.uk/2020/02/17/the-employment-of-phd-graduates-in-the-uk-what-do-we-know/ https://blogs.lse.ac.uk/politicsandpolicy/housing-crisis-what-should-the-next-government-do/ https://www.businessinsider.com/millennials-versus-boomers-wealth-gap-2020-10?r=US&IR=T https://www.brookings.edu/opinions/spending-on-our-crumbling-infrastructure/ https://www.vox.com/2019/3/19/18240377/estate-tax-wealth-tax-70-percent-warren-sanders-aoc https://money.usnews.com/money/blogs/capital-commerce/2009/06/04/did-reagan-cause-the-2008-crisis https://www.reuters.com/article/us-usa-election-inequality-poll-idUSKBN1Z9141 https://www.epi.org/publication/charting-wage-stagnation/ Credits: Laffer Curve Napkin, https://americanhistory.si.edu/collections/search/object/nmah_1439217 National Debt Graph: https://commons.wikimedia.org/wiki/File:US_Federal_Debt_as_Percent_of_GDP_by_President_(1940_to_2015).png SColombo (based on style and sources of Ninjatacoshell s previous version), CC BY-SA 3.0. https://creativecommons.org/licenses/by-sa/3.0, via Wikimedia Commons Music by Kevin Nolan: Spotify: https://open.spotify.com/artist/4MSwXgerH5A5WFOgOSSqM2?si=N9vSVQH3Tb-QDrGnFzlMrA Website: www.kevinnolan.info