How Gen Z is doomed to own nothing, but pay forever
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PODCAST ||
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TIME STAMPS
00:00 - intro
01:59 - the subscription economy
09:22 - Pair Eyewear
11:16 - the ownership facade
21:23 - buy now, pay later
27:42 - the generation of debt
33:46 - a future with no personal wealth
38:57 - final thoughts
REFERENCES & RESOURCES
The End of Ownership: Personal Property in the Digital Economy - https://amzn.to/3PQEixP
The Average Consumer Pays Nearly $1,000 a Year for Subscriptions — What Do You Pay? - https://finance.yahoo.com/news/average-consumer-pays-nearly-1-190009547.html
BMW drops plan to charge a monthly fee for heated seats - https://www.theverge.com/2023/9/7/23863258/bmw-cancel-heated-seat-subscription-microtransaction
John Deere faces U.S. lawsuit over farmers' ability to repair tractors - https://www.npr.org/2025/01/15/nx-s1-5260895/john-deere-ftc-lawsuit-right-to-repair-tractors
The erosion of personal ownership - https://www.vox.com/the-goods/22387601/smart-fridge-car-personal-ownership-internet-things
My Printer Is Extorting Me - https://www.theatlantic.com/technology/archive/2023/02/home-printer-digital-rights-management-hp-instant-ink-subscription/672913/
27 Buy Now, Pay Later Statistics - https://explodingtopics.com/blog/bnpl-stats
2024 Buy Now, Pay Later Trends Study - https://www.fool.com/money/research/buy-now-pay-later-statistics/
The Downsides of Using ‘Buy Now, Pay Later’ - https://www.nytimes.com/2022/12/29/your-money/buy-now-pay-later-loans.html
Liberty Street Economics - https://libertystreeteconomics.newyorkfed.org/2023/09/who-uses-buy-now-pay-later/#:~:text=While%20lower%20income%20individuals%20are,more%20likely%20to%20use%20it
Millennials had it bad financially, but Gen Z may have it worse - https://www.washingtonpost.com/business/2024/06/22/gen-z-millennials-debt-inflation/
How Does Gen Z Student Debt Compare with Millennials’? - https://www.stlouisfed.org/on-the-economy/2022/aug/how-does-gen-z-student-debt-compare-millennials
The cost of living has led us into record debt. What does that mean for Canadians? - https://thehub.ca/2024/01/30/mark-hill-the-cost-of-living-has-led-us-into-record-debt-what-does-that-mean-for-canadians/
The average millennial will spend over $200,000 on rent before buying a house — but Gen Z will spend even more - https://www.businessinsider.com/how-much-millennials-gen-z-renters-spend-expensive-cities-2018-5
The Biggest Wealth Transfer In History is Happening Right Now. Are You Ready? - https://medium.com/@moneytent/the-biggest-wealth-transfer-in-history-is-happening-right-now-are-you-ready-1e7e8c9a7104
The 'wealth transfer' from boomers won't save Gen X and millennials - https://www.nbcnews.com/business/consumer/generational-wealth-transfer-baby-boomers-cant-save-gen-x-millennials-rcna128099
Eat Now, Pay Later: Going Into Debt for Food - https://www.nytimes.com/2022/08/29/dining/buy-now-pay-later-loans-groceries.html?searchResultPosition=1
Pay2Play by Gavin Prophet https://open.spotify.com/track/6wynY1nYFTZMcvpnDGrvd1?si=0162975a3609490a
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#theendofownership #genz #tiktokban ##buynowpaylater #subscriptions #ownnothing #socialmedia #videoessay #motherhoodinprogress
Watch this video ad-free on Nebula: https://nebula.tv/videos/tom-nicholas-how-to-spot-a-potential-fascist
An introduction to The Authoritarian Personality study.
Timestamps:
0:00 Fascisticus Potentialicus
01:51 Introduction
05:07 Defining Fascism / Ur-Fascism
07:03 Antisemitism and Ethnocentrism
11:31 Fascism, Conservatism and Religion
16:09 The Authoritarian Personality
23:18 Conclusions
This month's episode of What the Theory? is an introduction to the Authoritarian Personality study, carried out by T.W. Adorno (a key member of the "Frankfurt School" and central force in the development of Critical Theory), Else Frenkel-Brunswick, Daniel J. Levinson and R. Nevitt Sanford at the University of California, Berkeley in 1950.
Following the end of World War 2, these four psychologists were interested in finding out what had motivated so many supposedly ordinary citizens in Germany (and elsewhere in Europe) to participate in the awful designs of the fascist regimes that had taken hold there.
Eventually, they laid out what they called The Authoritarian Personality, a set of personality traits which they argued might make some people more susceptible to fascist ideology than others.
This is what they found out...
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#Fascism #Authoritarianism #FrankfurtSchool
In this documentary, Dr. Michael Parenti defines fascism, describes its characteristics, and explains the role fascism plays in serving the rational interests of capitalists while suppressing communism and other organized worker movements.
Documentary on IWW and Black Workers:
Part 1: https://youtu.be/gXeiGRSxRUU/
Part 2: https://youtu.be/2Ot8mDqy0Pg/
Support the GiveButter for the next Parenti Real History lecture, Myths of the Founding Fathers:
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Support us on Comradery, a cooperative alternative to Patreon:
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Chapters:
00:00 - Foreword
00:09 - Introduction
03:51 - Characteristics of Fascism
07:04 - Fascism has Rational Functions
13:34 - How Capitalists Supported Fascism
18:16 - Who did Fascism Support?
22:06 - Privatization and Fascism
25:49 - Conclusions About the Functions of Fascism
29:09 - Afterword by EJ
30:32 - Outro
Annotations:
-01:26: Ukrainian Fascists
-01:30: American Nazi "Bund"
-01:37: Oswald Mosley
-01:58: Arrow Cross Party
-02:03: Balázs László
-02:08: Horia Sima
-02:14: Stepan Bandera
-02:23: Charles De Gaulle
-02:27: British Union of Fascists
-02:35: Augusto Pinochet
-03:52: 1. Glorification of Leadership Cult
-04:06: 2. Glorification of Nation-State
-04:32: 3. Glorification of Military Conquest and Jingoism
-04:31: Fritz Julius Kuhn
-04:55: American Nazi "Bund"
-05:00: 4. Propagation of Folk Mysticism, Xenophobia, and Racism.
-05:18: Nazi Mysticism
-05:56: 5. Opposition to Left-Egalitarian Class Movements, including trade unions, labor parties, and other working class organizations.
-07:17: Vittorio Emanuele Orlando
-07:23: Italian Red Guard
-07:34: Alberto de’ Stefani
-07:53: Italian Red Guard
-08:11: Syndicalist Union Meeting
-08:18: Benito Mussolini, 1910
-08:26: Prince Aimone
-08:32: Excerpt from Encyclopedia Britannica
-08:44: Italian Blackshirts
-08:51: Benito Mussolini, 1919
-08:56: Giovanni Agnelli
-09:02: Fascist Blackshirt Strikebreakers
-09:08: Raimondo Targetti
-09:22: Mussolini
with Business Magnates, 1923
-09:31: Mussolini with Giacomo Acerbo
-09:41: Mussolini with wealthy industrialists, 1922
-09:46: Ettore Conti
with Edda Mussolini
-10:14: Berlin Revolution
-10:19: Brownshirt Brawlers
-10:29: “the bodyguard of capitalism.”
- Daniel Guerin
, Fascism and Big Business
-10:40: Workers’ Protest, 1930
-10:47: Günther Quandt
-10:51: Hans Bahlsen
-10:55:
I.G. Farben board member Fritz ter Meer
meets with Adolf Hitler, 1936
-10:59: Real Tariff Wage in Germany
-11:03: SA Shuts Down Trade Unions, 1933.
-11:13: Paul Von Hindenburg
-11:23: Communist Pamphlet appealing to German Farm Workers
-11:29: Elard von Oldenburg-Januschau
-11:34: Fritz Thyssen
-11:42: Ferdinand Porsche
-11:50: Adolf Hitler with Ferdinand Porsche
-11:56: Friedrich Flick
-12:01: Hitler with Nazi Party members, 1930
-12:06: Hitler at Nuremburg Rally, 1933
-12:16: Fascists make big gains in Germany, 1930
-12:22: Hitler's speech at Coburg, 1935
-12:28: Fritz Reinhardt
-12:36: Brownshirts campaigning, 1933
-12:52: German Federal Election Results, 1924-33
-12:59: German bank run, 1931
-13:09: Out-of-work Germans in the Weimar era
-13:14: Alfred Hugenburg
-13:19: Heinrich Brüning
-13:36: Mussolini at Fiat
-14:06: Nazi Propaganda Poster
-14:15: Hitler with industrialists Walter Borbet and Albert Vögler
-13:37: Hitler with industrialists including Fritz Thyssen
-14:43: Emil Kirdorf
-14:49: Robert Bosch
-14:58: Gregor Strasser
-15:30: Porsche greeting Hitler
-15:49: Rudolf Diels
-16:06: March Action, 1921
-16:12: Antonio Gramsci
-16:25: Communists Rounded Up
-16:35: The Death of Giacomo Matteotti
-16:49: Reichswehr Arms Given to Hitler's Men
-17:21: Brownshirts arrest communists, 1933
-17:34: Four Years of Political Murder chart
-18:51: Duke of Windsor meets Hitler, 1937
-18:58: Oranienburg Concentration Camp, 1933
-19:07: Brownshirts shut down a union hall, 1933
-19:11: Ernst Thälmann
-19:18: German Labor Front
-19:21: Reich Labor Service
-21:11: Austerity Chart
-21:36: Allianz Insurance Company
-22:51: Slave Labor used by German Capitalists
-23:01: Peronne Brothers
-24:09: Hitler with Hjalmar Schacht
-24:28: Revolution of Berlin, 1919
-24:40: 50 Scorn Nazi Labor Camp
Let This Radicalize You: Organizing and the Revolution of Reciprocal Care a book by Kelly Hayes, Mariame Kaba, Harsha Walia, et al.
What fuels and sustains activism and organizing when it feels like our worlds are collapsing? Let This Radicalize You is a practical and imaginative resource for activists and organizers building power in an era of destabilization and catastrophe.Longtime organizers and movement educators Mariame Kaba and Kelly Hayes examine some of the political lessons of the COVID-19 pandemic, including the convergence of mass protest and mass formations of mutual aid, and consider what this confluence of power can teach us about a future that will require mass acts of care, rescue and defense, in the face of both state violence and environmental disaster. The book is intended to aid and empower activists and organizers as they attempt to map their own journeys through the work of justice-making. It includes insights from a spectrum of experienced organizers, including Sharon Lungo, Carlos Saavedra, Ejeris Dixon, Barbara Ransby, and Ruth Wilson Gilmore about some of the difficult and joyous lessons they have learned in their work.
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