By any objective metric the world is less broken than ever before. But people who want to be defeatist and cynical can always find a plausible sounding reason to justify their negativity regardless of the facts. I'm part of an older generation and not burnt out or existentially starving or whatever. And more importantly I'm not actually starving or dying of plague or being sent off to die for my king or any of the other horrors that were a routine part of human existence for most people before the modern era.

They want to be able to afford a house. Historically, in the US at least, for lower and middle class people that has been within reach. Now that's not the case. If I was in my late 20s and was lighting thousands per month on fire in rent, it'd be pretty darn alienating. Sure, if you zoom out far enough, the standard of living for zoomers is pretty good, there's not a mass casualty event when the potato crop fails. But if you don't (and I'd argue, you shouldn't) it's pretty clear that their economic prospects are worse than their parents. That is pretty bleak. It's no wonder why they're politically more radical than the other generations.

Put in the simplest terms: Economic nihilism happens when no house.

As an American, I am surrounded by people who are so convinced that their country is awful that they want to basically abolish vast swathes of the government. Their elected representatives say extremely negative things about my beliefs, literally every single day, including veiled and not-so-veiled threats.

The world may be physically comfortable but I do not feel safe. And that's because they do not feel safe from me. I don't want to sound defeatist but there is no objective way to describe it without sounding cynical.

I don't think anyone is comparing to old monarchies or etc, they're mentally comparing it to the 1950s and 60s and the postwar economic boom times.

You can point out that things weren't as good as they're presented back then either, or that people are falling for advertising, but no one is really impressed that their living standard is better than the 1800s or earlier.

Everytime someone says something like "how can I bring a kid into this world" I assume they know absolutely nothing about history at all. Be thankful your ancestors didn't think that when they were faced with actual life and death on the line, versus these people today being miffed that their apartment isn't as large as they'd like or they have to commute a little farther in or live in a city not featured in mass media.

Speaking for my friends in their mid to late 20s, if you have a reasonable plan to get to a point where you can invest in your future as opposed to simply burning every last drop of income on mandatory expenses like food, housing and insurance I agree. When you can't foresee a way to get there you lack economic agency, economic nihilism is a rational response.

This is the take all the younger generations complain about. Boomers had it good, laid waste to the world and the international scene and wonder why everyone else is bitter.

Under liberal capitalism, how you feel about the state of the world/economy is going to always be tied to how much money you're bringing in every month, so making a comment about how things are actually fine and Gen Z are "negative" and ungrateful is pointless if you're not going to make clear your own economic standing relative to others. I would be surprised if you're delivering Uber Eats with a Bachelor's degree, as many of Gen Z are doing today, considering the sentiment expressed.