Friday, September 9, 2011
Startups by millennials as a solution to the economic crisis? I think not.
I recently came across an article which suggested that startups by millennials might be a solution to our economic woes.
I don't think so.
While I don't have statistical evidence, I have had contact with "startups" by "millennials", and my distinct impression is that their hiring practices consist of the following:
disproportionately high numbers of:
-people from privileged backgrounds
-people who've grown up with a computer in their home
-highly educated people from the 'best schools'
-caucasian people, and to a lesser extent asian people
disproportionately low numbers of:
-people from disadvantaged backgrounds
-people whose only access to a computer has been to wait in line at the public library for minutes of access at a time
-people who have not received good educations
-black people, latino people, and native american people
We need to share the wealth; not concentrate it still further.
It's time for some "trickle-up economics", time to start lending a helping hand to the downtrodden, the passed-over, the people on dead-end streets, the homeless, those without the training needed to survive in the 21st century world. Time to provide childcare to poor and working class mothers who need to work. Time to provide training to the long term unemployed. Time to make sure that every child in this country gets a quality education, and that every person who wants to work can be put to work, beginning to repair the damage which has been inflicted on this society by the advocates of trickle down theory... more aptly described as "voodoo economics".
Let us start helping those who need help, and stop piling on aid to those who already have everything.