One thing these kinds of articles that are designed to stoke generational conflicts never mention is that rich people live longer. Like, obviously older people would be proportionally richer, the poorer people from that generation are dead. Also, friendly reminder, all this stoking of generational conflicts does is distract us from the real divide in society.
Regardless of the electoral politics, as Chris notes, the important challenge in social policy is helping people who won’t benefit from wealth transfers from wealthy relatives, rather than engaging in fantasies about “generational warfare”. What matters is not generations, but class.
Couldn’t agree more, though I would say it also distracts from the need to highly regulate capitalism at large, i.e. encourage reinvestment in employees (pay at least in line with inflation, training, etc) over shareholder dividends or CEO bonuses
This is relevant so not just those at the very top (irrespective of generation) will benefit from economic growth
One thing these kinds of articles that are designed to stoke generational conflicts never mention is that rich people live longer. Like, obviously older people would be proportionally richer, the poorer people from that generation are dead. Also, friendly reminder, all this stoking of generational conflicts does is distract us from the real divide in society.
Couldn’t agree more, though I would say it also distracts from the need to highly regulate capitalism at large, i.e. encourage reinvestment in employees (pay at least in line with inflation, training, etc) over shareholder dividends or CEO bonuses
This is relevant so not just those at the very top (irrespective of generation) will benefit from economic growth