Under neoliberalism everyone has to negotiate their fate alone, bearing full responsibility for problems that are often not of their own doing. The implications politically, economically and socially for young people are disastrous and are contributing to the emergence of a generation of young people who will occupy a space of social abandonment and terminal exclusion.
Individual interests now trump any consideration of the good of society just as all problems are ultimately laid at the door of the solitary individual, whose fate is shaped by forces far beyond his or her capacity for personal responsibility.
What has changed about an entire generation of young people includes not only neoliberal society's disinvestment in youth and the lasting fate of downward mobility, but also the fact that youth live in a commercially carpet-bombed and commodified environment that is unlike anything experienced by those of previous generations. Nothing has prepared this generation for the inhospitable and savage new world of commodification, privatization, joblessness, frustrated hopes and stillborn projects.
Under the regime of neoliberalism, individual responsibility becomes the only politics that matters, and serves to blame those who are susceptible to larger systemic forces. Even though such problems are not of their own making, neoliberalism's discourse insists that the fate of the vulnerable is a product of personal issues ranging from weak character to bad choices or simply moral deficiencies. This makes it easier for its advocates to argue that poverty is a deserved condition.
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