Emeritus Prof Christopher May on Nostr: We know that parents wealth is a key to their children's economic prospects, but it ...

We know that parents wealth is a key to their children's economic prospects, but it works in different ways:

for the aspirant but poor parents its about helping your children into better work, for the middle class its getting your children into better education than you got yourself... but for the richest in society, its just about the money; handing your children money ends up being the surest way of cementing their privileged position.

#inequality #inheritance

https://www.theguardian.com/commentisfree/2024/dec/29/wealthy-parents-greatest-asset-is-the-assets-they-will-pass-on