At almost 50, I feel like there has been a cultural shift since I was a kid.
It isn’t enough to be middle class, to have the proverbial white picket fence. The reach now is for glamor and wealth, which is by definition out of reach for the majority.
If that’s the ideal you compare your own life to, you will be unhappy. And the debt, etc you take on to mimic it will make you even more unhappy.
The shift was already happening pre-internet, but social media took it to the next level.
I'd argue most people do not, in fact, year for glamor and wealth. The majority of us just want to be able to live
Every geezer says this but people these days would kill for a reliable chance at a middle class life. We're talking Homer Simpson not Home Alone.
I think this was what was the meaning behind the "avocado toast" phenomena. My typical example is that back in the day, you could be the coolest in town +/- 5 grades by jumping off the Big Rock into the river- and that person's 2-3 best friends all shared in the glory. Now, you have to compete with the craziest people in all the world for the same level of admiration.