The Last Generation are young adults that arrive into their twenties unable to buy a home, nor a car; they cannot afford rents with their available wages. Unable to get into academic programs as they wish, unable to start families at a young age if they choose, and unable to pursue careers that are worthwhile or interesting to them. Lost – as they begin adulthood with the short end of the stick by most reasonable measures of opportunity. Last – because this is the Generation that creates positive Revolution. This is the generation that arrives into each economic cycle’s end unable to make a life easily. At first we see social anxiety and social problems, and then suicides, and then desperation as scarcity continues and societies continue to collapse until - finally - large groups of people get angry. This Last Generation, born around 1995, is also the group that emerges from an Economic Reset to begin a new economic cycle as well; so they are literally, the Last Lost Generation of a sixty-year Longwave Economics Cycle. The previous Last Generation would have been the young adults of the mid-1930s – born around 1918; we call them the Greatest Generation today because they took society through our last Reset – World War II - and on to economic success in a society filled with opportunity and equality. We also happen to be living in a mature nuclear-weapons era today. Nuclear arsenals are designed to keep the peace - ironically; to deter us from self-annihilation through war – or to ensure our own end should we decide that war is a more desirable alternative to devising thoughtful, peaceful solutions to our problems. So, is this latest Last Generation going to be the last of the Last Generations as well? They very well could be, and not because of nuclear holocaust, but because of Education.
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This is Edward Tilley's fifth book in Education, Robotics, Civics and Economics. He is a six-time Hitech CEO, Prodigious Author, Speaker and Chairman of Toronto Think-tank CSQ Research. His current books include CSQ Common Sense 101, World Peace - The Transition, and now Transition Economics, Maturity Models and The Last Generation - plus over 30 published articles in Technology, Engineering, Economics, Philosophy, Democracy, Civilization History, and Business. Edward's unique big-picture, process-minded and strategic views come from a life-long career of building, research and thought-leadership; it's the experience needed to build a working plan for both Turn-around and Renewable Automations that support our Societies and Economies sustainably.
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