The report, from Cambridge University’s Centre for the Future of Democracy, found that millennials, the generation born between 1981 and 1996, are less satisfied with democracy than any other age group.
Researchers spoke to nearly five million people in over 160 countries between 1973 and 2020, and found that in almost every region, it’s among 18 to 34-year-olds that satisfaction with democracy is in steepest decline.
Up until that point, millennials were even more enthusiastic about democracy than their parents were. In the 12 years since then, though, high youth unemployment and wealth inequality have caused what the researchers term ‘economic exclusion’.
Figures from the US Federal Reserve point to a growing wealth gap between millennials and their elders. By the time their generation hit a median age of 35 in 1990, Boomers collectively owned 21% of the nation’s wealth.
Teams of Shapers form hubs in cities where they self-organize to create projects that address the...
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