I remember reading a while ago an article about how the delivery drivers are mostly putting their wages into assets such as crypto and stocks because their wage cannot give them enough to live or to save. I always knew that the newly formed gig economy was just a re proletarianization of a part of the population and it was a matter of time that the time bomb will go off.
In the 90s, when the liberalization happened, the government promised that social mobility is possible and meritocracy is real within the new arrangement in exchange of removing certain socialist privileges. However, nowadays, I don't think this sales pitch is convincing for the youth
The liberals gentrified civil right era history