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Is the economy causing a mental health crisis?

2025-08-17 Education
206.1k
14.1k
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Garys Economics
Garys Economics
1.6m subscribers

Economic Insecurity Fuels Widespread Mental Health Crisis

Discover why our collective mental health crisis is inextricably linked to an insecure economy, not just social media. Learn how this strain prevents necessary political mobilization against rising inequality.

Short Summary

  • Link mental stress directly to societal economic structure, especially for the young.
  • Analyze why acknowledging economic collapse causes personal breakdown or defensive individualism.
  • Provide guidance for constructive action without succumbing to burnout.

This discussion connects the widespread decline in mental well-being to the long-term structural crisis of growing inequality. The speaker shares his personal journey recognizing this reality while working in finance, explaining the emotional paralysis this awareness often creates for the 90% of the population.

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Description

Worsening mental health outcomes are often spoken about as if they are the fault of the individual, but is insecure mental health a natural outcome of an insecure economy? And does the feedback work both ways - insecure economies cause people to be scared, easily manipulated, and individualistic, which prevents ordinary people from uniting and fighting back as a class? Also a little on my own historical struggles with the economy and mental health, both in the past and now. "In a mad world, only the mad are sane" ~ Akira Kurosawa Take care of yourselves and each other xx –––––– 00:00 Introduction 03:31 How mental health is affected by the economy 04:55 My argument in less than 1 minute 06:15 Mental health is a symptom of something bigger 09:50 Why deteriorating mental health makes political action so hard 16:00 More and more people know collapse is coming 20:13 Hard work no longer pays 22:24 Personal struggles 25:09 What can we do? 30:17 Why it's so urgent ––––––– JOIN OUR MAILING LIST – https://mailchi.mp/e27e37c9ebb4/get-garys-new-newsletter GET THE TRADING GAME – https://www.penguin.co.uk/books/455809/the-trading-game-by-stevenson-gary/9781802062731 SUPPORT US ON PATREON – https://patreon.com/garyseconomics SPOTIFY – https://open.spotify.com/show/2807p01KIe4RRFjRTB5o25 INSTAGRAM – https://www.instagram.com/garyseconomics TIKTOK – https://www.tiktok.com/@garyseconomics BLUESKY – https://bsky.app/profile/garyseconomics.bsky.social X – https://twitter.com/garyseconomics FACEBOOK – https://www.facebook.com/garyseconomics DISCORD – https://discord.gg/vqME6WsPd7 WEBSITE – https://www.garyseconomics.org

Top Comments (10)

@Npwn 2025-08-17

Being depressed is probably the most rational response to understanding our society's situation

2.8k 73 replies
@DrJohnsMusicalEmporium 2025-08-17

As a psychologist (retired)… I can plainly see the sense of what you say… it is clear that mental health problems are linked to the way our society is organised. Unfortunately the Thatcherite trope (‘no such thing as society’) lingers on. People living in insecurity cannot settle and anticipate what’s next in their lives. Constantly dealing with emergencies and lacking control over their lives. This is a recipe for stress and fear. Also, at the other end of the spectrum, extremely wealthy (your definition of wealth, Gary) people tend to be sociopaths or psychopaths and so don’t care a jot for others less well off. So the wealth needs to be taken away or moderated by tax. Preferably a shift in society to a system that doesn’t allow extreme wealth. Yes… unite and push back against greed, corruption and ignorance.

2.7k 159 replies
@willbefreee 2025-08-17

"it's no measure of health to be well adjusted to a profoundly sick society" Jiddu Krishnamurti

1.1k 12 replies
@BryanBrains 2025-08-17

We often see mental health as a personal issue, but it’s deeply tied to the economy, and that connection is getting overlooked. When people struggle to afford basics like housing and security, it’s no surprise that mental health problems rise. This isn’t just about individual hardships; it reflects a broken economic system that’s failing most of us.

1.1k 6 replies
@harrylane3949 2025-08-17

Sad to hear you been struggling this past month lad. Here’s a hug from all of us 🤗

1.0k 12 replies
@anon19086posts 2025-08-17

Gen Zer here. When you can’t afford to socialise, pay for gym subscriptions, buy fun items for hobbies just to take your mind off work, buy a home to settle down and start a family then you feel suicidal. This isn’t hyperbolic because there’s your own expectations and the comparison with your parents generations and you start to wonder if your life has any trajectory, and meaning beyond rushing to work to pay bills solely. You become so hopeless that you lose the will to continue

686 32 replies
@Jay...777 2025-08-17

Living in poverty is just living in one long emergency. There's no end to anxiety & constant failure.

675 17 replies
@LaPochaPolítica 2025-08-20

Gary, you are not alone, I’m in Los Angeles, USA & I was screaming for many of the large channels speaking truths like Meidas Touch to have a Spanish version. & I saw that Latinos were getting sucked into Trump, so I created a Spanish YouTube to educate the Latino community, to STOP voting against their best interests. I named the channel La Pocha Política, and I educate with the intent of finding unity & taking power back. You are one of the channels that inspire me. And so I will stay focused to do my part. Thank you 🙏🏽 for all you do!

124 3 replies
@Comicconartist890 2025-08-23

Spend money for a therapist to talk about how stressed I am about money.

83 1 replies
@leodmg2111 2025-08-26

Not sure if this was real or not, but a few months ago a therapist went viral for saying that "therapy is very helpful, but what a lot of people actually need is money", as they say, having money isn't everything, not having it is.

40

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