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Not only democracy...they think the world is badly broken despite living in some of the best times of humankind. And I say this as a millennial
Can you blame them? For some reason there isn't ranked voting, and many other structural changes that could have been implemented 2 to 3 decades ago.
From my experience, millennials are quite pleased with politicians like AOC, who are in the same age cohort. This isn't just a matter of political views and populism, but also a matter of social connection - see for example the AOC twitch stream playing Among Us with half a million viewers.

The article mentions income inequality as a cause of dissatisfaction with the status quo, but it's also political power inequality: we are a nation owned by and run by baby boomers, essentially.

This will eventually change, but it sure feels shitty sometimes.