Tunku Varadarajan wrote an opinion piece on the "national crisis" of Gen Z for the Wall Street Journal at the end of the year. Varadarajan is a fellow at the Classical Liberal Institute.

According to Varadarajan's op-ed, the whole generation is doing terribly. A "performative" social media culture is to blame for high rates of anxiety and depression among young people, according to Haidt.

Varadarajan writes that Haidt's book "The Coddling of the American Mind: How Good intentions and Bad ideas are Setting Up a Generation for Failure" covers victim culture in detail and that Haidt is currently writing two more books.

Those born between 1997 and 2012 are known as Gen Z.

He said that those qualities could endanger America's culture of innovation. He pointed out that Gen Z has only two people to compare themselves to, and they're both girls. He said that the "entire world" was rebuilt by the young people.

According to Varadarajan, Gen Z is entering the workforce, and they are less innovative, less inclined to take risks, and that may undermine American capitalism.

It's difficult to give feedback to Gen-Z employees and a lot of managers say that. About a decade ago, the entry into the workforce of the younger generation caused some older workers to worry about communication issues.

The concern about giving feedback to Gen Z workers is happening as social media promotes an organizational culture of fear and could have larger knock-on effects.

"If corporations become less effective due to fear of what will be said about them, this could severely damage American capitalism," said Haidt.