What is the story about?
What's Happening?
Millennials are often labeled as the most selfish generation, associated with the rise of 'selfie' culture and short-term spending habits. Charlie Wells, a Bloomberg News reporter, defends millennials in his upcoming book, 'What Happened to Millennials,' arguing that they were shaped by a social experiment in the 1980s and 1990s aimed at boosting self-esteem. This experiment, according to Wells, led to a generation struggling with perfectionism and a need for honest feedback. As millennials now occupy roles as parents, teachers, and CEOs, Wells suggests it's crucial to understand their story and the societal impact of the self-esteem movement.
Why It's Important?
The narrative surrounding millennials affects public perception and policy decisions related to education, employment, and social behavior. Understanding the historical context of the self-esteem experiment provides insight into current societal challenges, such as mental health issues and economic behaviors. Millennials' influence as leaders and decision-makers means their values and experiences will shape future societal norms and policies. This discussion also highlights the importance of addressing generational stereotypes and fostering intergenerational understanding.
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