BFM Podcast

Young People Are Suffering. Is Socialism the Solution?

Tan KW
Publish date: Tue, 05 Oct 2021, 04:03 PM
Young People Are Suffering. Is Socialism the Solution?

05-Oct-21 15:00

Arveent Kathirtchelvan, Youth Chief, Parti Sosialis Malaysia

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

Discussions
Be the first to like this. Showing 4 of 4 comments

Thorman

The solution is family planning.

2021-10-05 16:10

Thorman

Socialism breeds zombies.

2021-10-05 16:11

Cherrie

Socialism is a form of legalized theft.

Capitalism is the only social system that rewards merit, ability and achievement, regardless of one’s birth or station in life.

2021-10-05 17:16

anthonytkh

The lazy depend. The busy do not.

2021-10-05 17:57

Post a Comment