TikTok and Our Last-Ditch Desperation for Social Mobility

by Charles Hugh Smith
Of Two Minds

Social media offers hope of achieving higher social status, something that is increasingly out of reach in our winner-take-most economy.

I’ve often addressed the decline of social mobility and the addictive nature of social media, for example, Why Is Social Media So Toxic?

I have long held that the decline of social mobility–broad-based opportunities to get ahead financially and socially–is part of a larger dynamic I call social depression: the social decay resulting from economic stagnation and the decline of social mobility and financial security. America’s Social Depression Is Accelerating.

Japan offers a real-world 30-year lab experiment in the negative social consequences of economic stagnation, a topic I’ve addressed since 2010: The Non-Financial Cost of Stagnation: “Social Recession” and Japan’s “Lost Generations”

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