Young people are suffering. Youth unemployment rate has been on the rise, salaries have stagnated for close to 20 years, despite the massive increase in cost of living. Cost of education is at an all time high and upon graduating, most people find themselves in massive debts. The average millennials and Gen Z cannot even afford adequate housing on a single paycheck, despite it being a basic necessity -- a human right! The COVID-19 pandemic has only made things worse. 

What if these are all natural causes of capitalism? And could socialism be the solution?

Image credit: Shutterstock

Produced by: Dashran Yohan

Presented by: Dashran Yohan

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Categories:  Politics,  Social Issues,  Education

Tags:  The Bigger Picture,  Today I Learned,  socialism,  capitalism,  youth,  minimum wage,  housing,  debt,  education,