Dr. Eliza Philby
👤 SpeakerAppearances Over Time
Podcast Appearances
And they are not as rich as the boomers, potentially hedging their bets on their kids.
I like that.
But there is a sort of that forgotten generation who are sort of entering their 60s, 70s now, who are actually quite vulnerable.
That's such a great question, which I think is beyond me, but I'll try.
I think the most important thing is to be open about it.
Generally speaking, in a theotocracy and an autocracy and a meritocracy and a democracy, they're quite open about what the system is.
They really are.
In an inheritocracy, we need to be open about it.
Kleptocracy.
Yes.
No, no, no.
I think being open about it.
But then I was, I think one of the major failures of the book was,
is that I don't offer any solution.
There's no like, what do we do with this information?
Do we all become lawyers?
Do we all like, oh my God, just build generational wealth?
Do we tax everything and everyone?
Do we kill aspiration in the process?
What is it that we need to do?