Capitalism, Private Equity, and the Seven Deadly Sins — with Stephen Dubner

Intimacy Decline

The decline in intimacy among youth is a complex issue influenced by various societal changes. Stephen Dubner suggests that increased screen time and virtual relationships might be contributing factors, as they offer distractions that were previously unavailable 1. He also notes a shift in societal attitudes towards casual sex, where the decoupling of sex from love and relationships is being reconsidered 1. Scott Galloway highlights a significant rise in adolescents reporting no sexual activity, questioning whether societal norms around expressing romantic interest have shifted 2.

The old fashioned casual sex machine or industry really took a big hit.

--- Stephen Dubner

These changes reflect broader cultural shifts that are reshaping how young people engage in romantic and sexual relationships.

   

Trust Erosion

The erosion of social trust is another pressing issue with far-reaching implications. Dubner references Robert Putnam's concept of social trust, which has significantly declined since the 1960s 3. He argues that institutions like sports teams and the military, which unite people from diverse backgrounds, are key to fostering this trust 3. Galloway emphasizes the importance of choosing careers that contribute to building social trust, suggesting that this could benefit society as a whole 4.

I would encourage people to think about going into a field where at least a component of it has to do with building social trust.

--- Stephen Dubner

Rebuilding social trust could be crucial for addressing societal challenges and enhancing community cohesion.