Anthropologist, writer and intellectual giantess Sarah Kendzior recently published an astute analysis of why those born in the 1970s or later are basically fucked as in a climate of widening inequality, winner takes all.
Although she is referring to the American context, the pattern also applies more generally to the western world. Broadly, she asserts that the baby boomers had it relatively easy and now getting a decent education and job are much more difficult for those of us under forty.
In her words: “In America, education has become a prize for people who have already won. Those with money, connections, and access to technology travel a path that starts with private preschools, continues through SAT tutors and exorbitant enrichment activities, and culminates in college that costs more than the national median income.”
She points out that the notion of the United States being a meritocracy is no longer valid. Back in the day when the boomers were coming of age, a good, affordable education was more accessible and decent jobs more plentiful. However, now the springboard into a solid middle class existence comes with a much heftier price tag. According to Kendzior, “The fate of the next generation…relies on how heavily parents are able to invest in the expensive credentials now required to purchase a professional future.”
She terms this an “entrenched meritocracy” – “one structured on what sociologist Pierre Bourdieu called ‘the social alchemy that turns class privilege into merit.’ In an entrenched meritocracy, advantages conferred by birth are marketed as achievements, but these achievements – a good education, a prestigious-but-unpaid or low-paying entry-level job – are only possible for those who have the means to afford them. The cycle repeats itself, with a wealthy and educated elite conferring their own advantages onto their children.”
Kendzior goes on to assert that, “opportunity hoarding has become the pastime of the elite, with education used as a proxy for rejection based on ‘merit,’ and ‘merit’ redefined as how many prestigious accolades one is able to purchase to gain access to education. This process begins at birth, where quality of school is determined by parental income bracket, but is shown most clearly in higher education, where the cost of tuition increased 1120 percent between 1982 and 2012.”
So where does this leave us? It’s clear that Gen Y and millennials, the offspring of the baby boomers are struggling. They struggle with paying for education, housing, finding suitable and well-paying work. While some of it is their own fault (let’s face it, they can be a bit entitled and narcissistic), economic immobility is spreading like a disease, education becoming more and more for the elite, like back in the old days, leaving a very uncertain future indeed. If things continue as they are, it will only get worse, and slowly but surely, the American dream is turning into a nightmare.