Latest news with #LostBoys'
Yahoo
6 days ago
- Business
- Yahoo
Scott Galloway Says 'There Is More Rage And Shame In America Because We Continue To Transfer Wealth From The Young To The Old'
In a recent episode of the 'Lost Boys' podcast, Professor Scott Galloway and the founder and managing partner of SkyBridge, Anthony Scaramucci, tackled what they say is one of the most urgent issues facing young men in America today: declining economic mobility and rising anxiety around money, work and status. Galloway explained that for the first time in U.S. history, the average 30-year-old is doing worse than their parents were at the same age. 'That has never happened before,' he said. 'It creates rage and shame across the household, the neighborhood, the nation.' Don't Miss: Invest where it hurts — and help millions heal:. Maximize saving for your retirement and cut down on taxes: . A big part of the problem, he added, is how society has shifted wealth from younger generations to older ones. 'There is more rage and shame in America because we continue to transfer wealth from the young to the old,' Galloway said. This growing generational gap, he argued, is central to understanding why so many young people feel hopeless. He argued this breakdown in generational progress has political consequences, explaining that this election was essentially a referendum on 'I don't care about trans rights. I don't care about territorial sovereignty in Ukraine. If my kid's not doing well, I want chaos, I want change.' According to Galloway, constant exposure to wealth and status online intensifies these feelings. 'Two hundred ten times a day, you're notified on your phone that there are people... on Gulfstreams and partying in St. Barts,' he said. Trending: Even the successful feel left behind. Scaramucci shared a story about a 41-year-old millionaire venture capitalist who felt like a failure because JD Vance, also 41, had become vice president. 'We've lost our anchor,' Scaramucci said. Both hosts encouraged young men to stop blaming themselves for everything. Galloway pointed out the darker side of meritocracy: If you believe everything is based on merit, then if you're not successful, it's your fault. He added, 'A lot of kids' failure is not their fault.' When asked why young men in particular are struggling, Galloway pointed to biology and systemic disadvantages. Boys are maturing later and struggling more in school. 'An 18-year-old girl has a prefrontal cortex 12 to 18 months more developed than an 18-year-old boy,' he noted. He also blamed an education system that favors behavior more typical of girls. 'Sit still, be organized, raise your hand, be a pleaser. You're essentially describing a girl,' he top of that, Galloway said dating apps and online life have made things worse. Many average young men are excluded from the dating pool, never ask someone out in person, and retreat into screens. 'Fifty percent of 18- to 24-year-old men have never asked a woman out in person,' he said. Both hosts stressed that success often comes after repeated failure. Galloway shared his own track record: four failed high school elections, rejected from UCLA–then admitted on appeal–denied by seven out of nine business schools, and multiple business failures. 'My superpower is the ability to move through failure without losing my sense of enthusiasm,' he said. Scaramucci added, 'I failed upwards. I stumbled a lot in my career.' Ultimately, he says he stayed in the game, and that's how he made it. Read Next:The average American couple has saved this much money for retirement —?UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Scott Galloway Says 'There Is More Rage And Shame In America Because We Continue To Transfer Wealth From The Young To The Old' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
22-05-2025
- Business
- Yahoo
'When Men Don't Have Money, They're Just Less Attractive,' Says Professor Scott Galloway, As Men Without College Degrees Now Earn 22% Less
Men without college degrees are still earning significantly less than they did five decades ago, and the implications stretch far beyond just wages. In the debut episode of the "Lost Boys" podcast, co-host and professor Scott Galloway put it plainly: 'When men don't have money, they're just less attractive. That's more of a hit to them than it is to women.' Galloway shared his own experience of growing up with limited prospects, saying that government programs and education helped change his trajectory. But he worries that today's safety nets are weaker. 'Had I been that kid today, I worry the outcome would have been different,' he said. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. The 'Lost Boys' podcast—hosted by Galloway and Anthony Scaramucci—dives into the broader struggles of young men, featuring author Richard Reeves. The group argues that young men today are falling behind not just economically but socially, and emotionally. Reeves, who authored the book 'Of Boys and Men,' noted that many young men today are adrift due to the absence of a clear path forward. "We tore up the old script for men, which was breadwinner, head of household, etc., and we didn't replace it with anything," Reeves said. 'And so what that means is a lot of men now feel that they're basically improvising. They basically don't have a script.' The numbers back up their concerns. According to a May 2024 Pew Research Center analysis, young men between the ages of 25 and 34 without college degrees earned a median income of $45,000 in 2023. That's up 15% from 2014, but still 22% lower than what men of the same age earned in 1973 when adjusted for inflation. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — 'In the grand scheme of things, young, less educated men aren't where they were 50 years ago,' Pew economist Richard Fry told CBS MoneyWatch. He added that in the 1970s, these men were more likely to be union members and work in manufacturing jobs—industries that have since shrunk. Meanwhile, college graduates continue to outpace their peers in earnings and wealth. Young male college grads today earn around $77,000 annually, while women with degrees make about $65,000. College grads also have an average net worth of $120,000, compared to $31,000 for those with just a high school diploma. 'Higher education generates higher wealth,' Fry said. 'Families with college-educated heads have a higher homeownership rate. And college-educated adults are more likely to have access to 401(k)s and 403(b)s.' Still, Galloway argued that the issue isn't just about education. It's also about identity and purpose. 'You really got to keep an eye on the boy,' he said, referencing how family breakdowns and economic instability can hit young men particularly hard. 'They're actually weaker as humans.'Reeves pointed to the lack of male role models in schools, communities and even homes. 'The teaching profession has become very gendered,' Reeves said. Only 23% of teachers today are men, down from 33% in the 1980s, he noted. Despite some gains in the labor market for young men without degrees, both Pew's data and the 'Lost Boys' podcast underscore a growing concern: without direction, support and economic opportunity, many young men are at risk of falling further behind. Half of Americans agree that college is worth the money only if you don't have to go into debt. According to Pew, just 22% of Americans believe a degree is a good investment if it requires borrowing. That skepticism is strongest among Republicans, six in 10 of whom now believe a college degree is less important than it was 20 years ago. Read Next: Invest where it hurts — and help millions heal:. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'When Men Don't Have Money, They're Just Less Attractive,' Says Professor Scott Galloway, As Men Without College Degrees Now Earn 22% Less originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Telegraph
04-04-2025
- General
- Telegraph
Young women have no role models
In the wake of the hit Netflix TV series 'Adolescence ' and the 'Lost Boys' report by the Centre for Social Justice, there has been much discussion about the importance of good male role models for boys. In the absence of a father – all too common in Britain – boys too often turn to online role models such as self-proclaimed misogynist Andrew Tate. Some are drawn into a destructive virtual anti-culture of violence and pornography, with serious real-world consequences. But girls spend a lot of time online too, and while there is no coherent 'femosphere' to mirror the 'manosphere', the world of digital female influencers is none too wholesome either. Popular female influencers are almost solely focused on appearance. Peddling makeup brands or showing off their 'work' – cosmetic surgery – one could be forgiven for thinking that the only purpose of being female was to obtain the perfect 'look'. And that ''look' – pouting lips, heavy makeup, barely-there clothing – bears more than a passing resemblance to the 'performers' in the now ubiquitous online porn. Though unspoken, the message is clear: female perfection is about being sexually available. Many girls go one step further, recruited into actual porn performance. OnlyFans, the online platform where millions of young women prostitute their bodies to paying clients, markets exploitation and degradation as 'empowerment'. The relentless focus on body image has unsurprisingly led to an alarming rise in anorexia and self-harm among teenage girls. Platforms like TikTok use algorithms to send users more and more of the content they view. This is harmless if you like baking or kittens; much more dangerous if you show an interest in being thin. Many female influencers exploit girls' natural tendency for internalising unhappiness, encouraging them to 'self-diagnose' with autism, ADHD or gender dysphoria, pathologising the everyday ups and downs of life. Toxic female influencers and the likes of Andrew Tate have a lot in common. Both promote a narrow and exaggerated 'ideal' of what it means to be a high-status man or woman. Both caricatures have some relationship with the truth about sex differences, but both are pale imitations of manhood and womanhood, stuck in a permanent adolescence where a shallow interest in looks and status never matures into the real virtues of masculinity and femininity. Online role models, who are highly selective in the areas of their lives and bodies that they share with the world, are no match for the real thing. Boys and girls need real life relationships with real life warts-and-all mothers, fathers, grandparents, teachers and friends if they are going to develop into successful and virtuous men and women. There is a live discussion about what makes a good role model for boys. But what do good real-life female role models look like? In recent years we have become just as confused about the nature of female virtues as the masculine ones. The last half century has marked a huge change in the role of women in society, but this has been characterised by a drive to move women into traditionally male roles – provider, soldier, even father – rather than an attempt to value the contributions of each sex more equally. It is fascinating, if disturbing, that online female influencers have reacted to this shift with a superficial femininity that rejects not only the 'girl power' message but also the best of the feminine strengths. Just as with the 'manosphere' for boys, female online influencers too often appeal to feminine vices rather than its virtues, such as patience, empathy, wisdom, courage and nurture. We must get our kids off screens, but we also need to provide girls with real life role models of positive womanhood. The question is, in 2025, what does it mean to be a good woman?
