Millions of students, including those entering law school this fall, are signing away their future choices (as well as peace of mind) by taking on student loans. The odds are against their being able to buy a house or dare "ghost" their employers.
Many of those probably haven't thought like a capitalist about how to get what they want. They simply defaulted into the road more traveled: burdening themselves with thousands of dollars of debt in the form of student loans.
In the UK, reports Hannah Al-Othman in Buzzfeed, 1 in 10 students fund their education and a nicer than usual lifestyle with what is called "body work."
That is, early in their careers, those 1 out of 10 are operating like capitalists. They spot opportunity others don't and go after it.
However, unlike Richard Branson and other brandname capitalists, they usually keep their body-work enterprises under wraps. You won't find them mugging on the front page of The Guardian. Society tends to be behind the times in embracing the full implications of the capitalist ethos.
For young women and young men, landing a sugar daddy is not a recent innovation.
At the end of the 1960s, in university town of Ann Arbor, Michigan, middle managers from Detroit's auto industry would develop relationships with women in mini dresses and platform heels and with men with fluid body language and choir boy good looks. The big times out were Wednesday, Fridays, and Saturday nights.
Some of us in the linguistics/literature doctoral program - both females and gay males - observed all this. We discussed if we were being fools for pursuing with all our hearts and souls the life of the mind when we could be hawking our bodies, even by taking part in the myriad clinical trials.
In retrospect, I have concluded we passed up that opportunity because there was no pressing financial need. Higher education was still cheap. Plus, you had to be brain-dead to not to be awarded some kind of high-brow fellowship covering tuition and living costs.
Had we been desperate, as many students are currently, we might have exited the life of the mind and entered capitalism in our early 20s. It wasn't until my mid 30s that I landed a plum job in Corporate America. Only then I got it: Follow the money. The rhetoric about excellence was just that: rhetoric.
In coaching those over-50, I hear many similar confessions of regret about how they could have made an early killing off their bodies and invested the money in a business.
Currently, ageism is throwing shade on the traditional opportunities they had been chasing. There is still time to make the big money, I explain to them, but they have to think differently about what is an opportunity.
One former vice president in human resources figured out that losing that job was the opportunity to launch a recruiting firm for medical personnel. He's considering franchising the concept.
For underemployed lawyers in their late 50s opportunity usually means tossing that whole enchilada and applying the knowledge and skills to lines of work requiring attention to detail and a confident persona.
For many in communications it has meant fleeing the growing glut of the writing field.
Free to click open and read is my new book on how to find the exit ramp out of a comfort zone Download Over50OutsmartingYourComfortZone.
Contact Jane Genova email@example.com.