Excellent article.
One thing I'm interested in is how values among British elites have changed (you may not like the notion of elites, but there they very much are). It seems to me that the sense of social duty of the British upper middle class has almost entirely evaporated in the space of one generation and has been largely displaced by greed and narcissism.
25 years ago at my (very posh) school, my peers wanted to do quite a wide variety of jobs. The City was certainly a destination for many but so also were the Army, the Diplomatic Service, the Civil Service, teaching, academia, the arts and the Church. Everyone knew these jobs were relatively badly paid (the relativities are much worse now) but they were regarded as worthwhile, challenging and having high status. It may sound patrician and old-fashioned now, but jobs where you would be "putting something back" had more cred than mere money-making.
I went to do a careers talk at my old school last year. Among the sixth formers I spoke to, I didn't meet a single person who was interested in anything other than making money (City, commercial bar) or celebrity (the cool kids who didn't want to be bankers or lawyers wanted to be on telly or "in a band").
I won't labour the parallels between attitidues in this very privileged group of young people and those who have recently been looting JD Sports. And I'm not saying there's anything wrong with wanting to make money, but this seems to me a significant shift in values for a social group which has taken place in a relatively short space of time.
Why has this happened? I really don't know. Pick one or more things from the following list:
- more consumerism, so people feel they need to earn more money to have more stuff;
- house price inflation, so ditto;
- greater competition for graduate jobs;
- globalisation means more competitive pressures on middle class living standards;
- I'm getting old and everything's getting worse.
Views please!