Two Young Americas
Nisha Desai, CFA
CEO & Managing General Partner at Andav Capital I Early Stage Investor & Portfolio Manager I Board Member I Advisor I Speaker I Under-the-Radar Super Connector
Boomers and billionaires aren’t alone.
I, too, as an Elder Millennial, have been dumbstruck by the superpower of the “brightest” young Americans: their ability to win every argument and settle every issue with strange logic, word salad, and utmost certainty. ?Though just 10 years apart, we '80s babies Elder Millennials differ wildly in education and approaches from the '90s babies Younger Millennials and Gen Zs who followed.? Let me explain.
Eldennials: Elder Millennials
Elder Millennials were 10 to 17 years old on 9/11.? We Eldennials were shaped by Columbine, September 11th, the War on Terror, troops deploying to Iraq, bodies flown home from Afghanistan, and the American way of life under attack.? Across party lines and generations, we embraced patriotism, courage, and respect: we understood the price paid for our liberties. ?
With the internet, Google, and Wikipedia in infancy, digital self-education was less accessible: learning required reading primary materials and books, including philosophers. ?The iPhone didn’t exist. Without 4G, Khan Academy, or social media at our fingertips, we relied on physical libraries and face-to-face discussions beyond the classroom.? Families across the socio-economic spectrum encouraged 4-year college, nightmares of student indebtedness not yet mainstream.
We graduated college circa the 2008 financial crisis: high unemployment, frozen salaries, and persistent promotion stagnation forever shaped our lifetime earnings, home and family building trajectories, and concept of adulthood.?
iZennials: ?Fragile but Loud Activists
In contrast, younger millennials and Gen Zs watched their 16-year-old contemporary Greta Thunberg boycott high school over Swedish elections, bob across the ocean for climate change, and later find herself applauded at the U.N. and on the cover of Time magazine.? They graduated high school into an America with student debt forewarnings, 4-year college skepticism, declining unemployment rates, the economic fuel of tax cuts, quantitative easing, and unprecedented U.S. government spending on social services.
Whether for climate, gun control, policing, or bullying, this cohort embraced “showing up” by “speaking truth to power”; soon, however, they expected incumbent authorities to flip at their demand.? After all, being early, loud, and proud elicited praise from parents, educators, and peers alike—admission essay gold and a belief that they’d done courageous or thoughtful hard work. ?Covid further conditioned many to the expectation of lower performance standards and accustomed them to excuses over responsibility.? Every issue had a right and a wrong, no nuance; toxic partisan politics and less-centrist media reinforced this dichotomy.
At the same time, helicopter parents insulated them from uncomfortable situations and interpersonal conflict resolution.? When uncomfortable or frustrated, they could call adults to intermediate, gather peers to protest, or effortlessly flood the virtual world.
iZennial Toolkit of Logical Reasoning
With this new modus operandi firmed up in school yards and Snapchat, the iZennial Toolkit of Logical Reasoning fueled their deep reach into broader American society. Their tactics were to:
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There are 3 Curiosities behind the Veneer of Altruism, Truth-seeking, and Inclusivity.
Tune in next week for Part II.
As a preview, there are 3 significant casualties of their social norms:
*Notes
Entrepreneur, Social Business Architect, Connector, Convener, Facilitator - Innovation, Global Development, Sustainability
10 个月You reminded me, Nisha, of an exchange late last year I had with someone whose formative years were right in the middle of the Cold War. He asked me to explain why nearly three-quarters of young people in a recent survey he cited would rather surrender than fight if the country were attacked. I responded, "I find those people as alien to me as they are to you."