George Osborne's transition from politician to finance partner highlights how inherited wealth continues to accumulate, reinforcing the divide between the affluent and the underprivileged.
The impending transfer of 5.5 trillion in inheritances over the next 30 years exemplifies how asset-rich families perpetuate privilege, hindering social mobility for others.
With parental income and wealth increasingly dictating one's lifetime financial trajectory, policymakers must abandon outdated views and address the reality of wealth inequality.
As wages stagnate, the concentration of wealth has become more pronounced, revealing the inadequacies in focusing solely on income fairness while ignoring the wealth gap.
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