Structural Fluidity

Even with unemployment rising and jobs disappearing, certain parts of the developed world never had it so good in material terms. Generation “Y,”1 as it is known, have all the opportunities and none of the constraints when one remembers that between 1914 and 1918, the 18-year-olds were off to the trenches, while in 2017, they needed safe rooms at schools, in case someone upsets them.

In addition to their having more money than ever before,2 with ­marriage breakdowns now fairly common, leaving children with split families, as each parent vies for their necessary time with their kids, these tend to get more spoiled even if more tech savvy. Concurrently, there is more spare time as children spend hours on their electronic ...

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