Southeast Asia Pre Worlds 2026 · Round 2 · BP
Economic nihilism refers to the belief that traditional markers of socioeconomic success (e.g. homeownership, "nest egg" retirement funds) are permanently unattainable in the future due to breakdown of the modern-day economic system (e.g. higher costs of living, stagnating wages). As a result, economic nihilism prompts a shift away from career fulfillment and long-term investment, towards labour detachment and short-term consumption.