A study by the University of Cambridge has found that young people are less satisfied with democracy than at any other time in the past century.
In Europe, North America, Africa, and Australia, the Millennials (born between 1981 and 1996) are more disillusioned than Generation X (born between 1965 and 1981) or Baby Boomers (born between 1944 and 1964), and the Interwar Generation (born between 1918 and 1943).
The study found that across the world, younger generations are not only more dissatisfied with democratic performance than the old, but also more discontented than previous generations at similar life stages in the United States, Brazil, Mexico, South Africa, France, Australia, and the United Kingdom.
But the satisfaction has increased in Germany, South Korea, and many of the Communist countries of Central and Eastern Europe.
Here the main reason behind the disillusion with democracy among young people:
- Inequality of wealth and income
The Millennials makeup around a quarter of the US population but hold just 3 percent of the wealth, but the Baby Boomers held 21 percent of the wealth.
- The populist challenge to establishment politics
- Moderate parties and leaders reversing the decay.