Editor’s picks: Why inheritocracy is a danger to capitalism

Editor’s picks: Why inheritocracy is a danger to capitalism

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A handpicked article read aloud from the latest issue of The Economist. Baby boomers are set to pass on more money to their children than previous generations. But in the absence of taxation, the widening gap between heirs and non-beneficiaries could lead to trouble. Listen on: Apple Podcasts |…

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