Just another article voicing some wealthy piece of shit with his divide the working class bullshit. We need labor reforms. We need rich people to pay much, much more taxes. We need investment and dividend reforms. We need antitrust to function again. The problems we have mostly stem from wealth hoarding.
This guy isn’t bourgoisie. That means ‘middle class.’ He’s full-on rich investor class. His net worth is $200 million.
Which means he doesn’t work much.
Fair, I edited the post. I guess he’s speaking to the bourgeoisie who punches down and down.
He’s definitely speaking to them, because he knows he can grift from them. They’re who gave him the $200,000,000. It wasn’t the poor, it was the people who have enough money to invest it wisely for a comfortable retirement and instead waste it on the advice of “finance gurus” like him.
The historical usage of the word is a meaningless distinction that is outdated and kinda irrelevant to the point.
“Bourgeoisie” might have once referred to those who were “middle” class in a world between extreme poverty and aristocracy. That particular setup has long since changed while the word was still used. It has a couple hundred years of usage making it perfectly valid here. It always referred to a merchant class who owned and were not poor.
Some asshole being paid to call an entire generation lazy and saying they don’t work absolutely fits.
He’s sitting around on stage being well paid to act the part. Your classification of his net worth is as irrelevant as 300 year old semantics on the internet.
Shame that a guy who says an entire generation “sucks” is considered valuable and newsworthy.
But considering the OP, you should be thankful the article doesn’t just blame Biden for personally birthing and then abandoning the entire generation.
What an ignorant piece of shit…
He knows what he’s doing. This is not ignorance.
Even if that’s the case, I’m still half right.
Absolutely!
Maybe Fortune shouldn’t call a guy who apparently doesn’t know how much a house costs right now on average vs. how much people get paid right now on overage a “finance guru.”
Because from what I can tell, people who definitely do work can’t buy houses. Many of them can’t even afford to rent their own apartment.
Well, i say he sucks as a finance guru, his predictions are failing and its blaming it on the market…
Finance Guru
Aight that’s all i need to know about this article.
Paywall.
Só I can only rage agaifthe title.
Since when working give you capability of bup a house? Maybe in 60 years.
If want to point fingers on generations. Those generations are suck exactly consequence of his generation, suck education, suck work, suck wealthy balance, suck the whole planet.for what?
We were lucky to buy a house in a less than desirable small city in a less than desirable state in 2017 before the housing bubble made everything shoot up in price. We’re not Gen Z or millennials. We’re in our late 40s. There is absolutely no way we would be able to afford a house now and it isn’t from lack of working.
As it is, our house is still worth far less than a house anywhere even a little more desirable, so we’re stuck with it and stuck here until something changes.
It’s not that they don’t work, it’s that the work they’re doing is not getting paid for what it’s worth.
