Trend 6
Get Rich or Die Trying: The Costs of Belonging
Category: Social & Values
Trend Highlights
The erosion of the Canadian Dream has intensified the tension between economic pressures and the need for belonging and well-being.
Achieving work-life balance is increasingly challenging due to the demands of capitalism and the prioritization of financial gain.
The rise in “quiet quitting” reflects a collective disillusionment with the relentless pursuit of economic success.
Economic pressures contribute significantly to loneliness and mental health challenges, highlighting the impact of societal values on well-being.
There is a growing movement towards fostering inclusive communities that prioritize mental health and meaningful social connections over mere economic success.
Trend Description
In contemporary Canadian society, there is a growing tension between economic pressures and the fundamental human need for belonging and well-being. As the traditional notion of the Canadian Dream—a promise of prosperity and upward mobility—continues to erode, many individuals find themselves caught in a relentless “rat race” that prioritizes financial gain over personal and communal well-being. This dynamic has led to significant challenges in achieving a meaningful work-life balance, as the demands of capitalism often overshadow the importance of mental health, social connections, and community engagement.
The increasing prevalence of “quiet quitting” and the decline of hustle culture further highlights a collective disillusionment with the notion that relentless work is the path to success and fulfillment. This shift is underscored by recognizing that while financial stability is essential, it should not come at the cost of one’s mental health and sense of belonging. The rise in loneliness and mental health challenges, exacerbated by economic pressures, illustrates the profound impact that our values and societal priorities have on our interactions and overall well-being. In response, there is a growing movement towards creating more inclusive and accessible communities prioritizing well-being over mere economic success. This involves reevaluating how we use technology to connect, fostering communal activities and routines, and addressing the systemic issues that prevent meaningful interactions and community building. Ultimately, this phenomenon emphasizes the need to balance economic pursuits with the essential human need for belonging and well-being, questioning whether the current societal values align with a truly fulfilling life.
Supporting Signals
Americans are lonelier than ever – and ‘Netflix and chill’ homes are to blame, say experts
Growing number of immigrants are deciding to leave Canada. Why?
How the US Is Destroying Young People’s Future
Plausible Short-Term Impacts
A living wage with an amount that allows the basic necessities then more! Remote/hybrid opportunities to reduce wasted unpaid time and allow flexibility Control of rent, goods, services, Political priorities that align with community needs as the focal strategy capitalist vs socialist. Community org will experience increased demand as more individuals seek assistance to overcome economic social barriers. Continued transfer of debt and intergenerational trauma A new definition of the Canadian dream.
Possible Long-Term Outcomes
A shift in values towards sustainability, not only in environmental terms but also in human resources. Implementation of policies that support work-life balance such as mandatory vacation time and limits on overtime.
Natural Capital
Prioritizing financial gain over personal connections can weaken social bonds, increasing
loneliness and isolation. However, the rise of communities prioritizing social connections
and mental health could strengthen social capital, fostering a more connected and
supportive society.
Financial Capital
The erosion of the Canadian Dream and the focus on economic success can lead to the
loss of cultural practices prioritizing community, well-being, and social connections. A shift
in societal values towards inclusivity and well-being could result in a renaissance of artistic
practices emphasizing belonging and communal support.
Human Capital
Pursuing economic success often leads to overexploiting natural resources, prioritizing
short-term gains over long-term environmental sustainability. A shift towards communities
that value well-being over relentless economic growth could promote more sustainable
environmental practices.
Social Capital
While technology has the potential to enhance productivity, its misuse in the pursuit of
economic gain can contribute to social isolation and mental health issues. A shift towards
using digital tools to foster meaningful connections and support well-being could enhance
digital capital’s role in society.
Political Capital
The growing dissatisfaction with the relentless pursuit of economic success could lead to
political movements advocating for policies prioritizing work-life balance, mental health,
and social well-being. This could result in realigning political priorities towards more
inclusive and humane policies.
Digital Capital
The relentless drive for economic success often leads to the overdevelopment of
infrastructure aimed at productivity, such as office spaces and commercial buildings, at
the expense of spaces designed for community and well-being. A value shift could create
more communal spaces that foster social interaction and well-being.
Cultural Capital
Economic pressures and the erosion of work-life balance can lead to burnout, reduced
productivity, and a decline in overall mental health, undermining the value of human
capital. A societal shift towards valuing well-being could result in healthier, more balanced
individuals contributing more effectively to society.