The drop in labor participation rate of young men is a result of: (i) decrease in cost of media (ii) increases in both availability & (iii) quality of media, & (iv) a decrease in marginal signalling utility of (conspicuous) consumption goods for all but the highest earners.
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Great insights there. Still, my question is why aren't more young people motivated to fill their time with meaningful work, passion projects, volunteering, etc. There's a huge social component to today's games -- they're hangouts for friends. Maybe we need to better gamify RL.
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Traditions/equilibriums developed over millenia have helped society members transition through stages of development but current elite competition is based on destroying tradition. The replacement cost is much higher than anticipated.
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John Locke and Thomas Hobbes are the be all end all of political theory, we can “logic” our way into a civilization, family and community bonds can be replaced with medication and yoga class
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This impacts young people because they're a generation removed from strong communities and their teachers only offer them structurelessness.
e.g. A past teen could learn group dynamics through working on the farm and through instrumental convergence learn how to get shit done
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