renzume on Nostr: The growing significance of inherited wealth in developed nations poses a challenge ...

The growing significance of inherited wealth in developed nations poses a challenge to the traditional meritocratic ideal that hard work leads to success. This shift threatens both capitalistic principles and social mobility as baby-boomers prepare to transfer unprecedented wealth to their descendants.
https://www.economist.com/leaders/2025/02/27/inheriting-is-becoming-nearly-as-important-as-working
#wealthinheritance #economicmobility #socialchange #capitalism #generationalwealth