Social Action Now!

An objective view to worldwide social issues

Tag Archives: #LostGeneration

The beginning of a generation with less expectations

In this current economic uncertainty horizon, expectations for citizens seem increasingly small and the forecast for future generations points to be dark. Years of economic crisis and globalization have left winners and losers. Among the beneficiaries are old acquaintances: the economic elite. For example, Branko Milanovic and Thomas Piketty, both economists, have been responsible for alerting about the injustice effects caused. Even though few have informed with the frankness of billionaire Warren Buffett, who in 2011 wrote in The New York Times: “While the middle and lower classes fight for us in Afghanistan, while Americans fight for a living, we, over wealthy people, continue to have extraordinary tax breaks.” Read more of this post