• maegul (he/they)
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    1 year ago

    I feel like it’s less of a surprising thing and more of “you might not have realised or thought about it but it’s shaping the world around you” thing.

    Of course long term generational wealth is not anything new. But the implication here is that this involves some new dynamics. The hyper wealthy becoming generational. Maybe some post-WWII wealth settling into generational wealth leading to the reinstatement of aristocratic patterns that were perhaps disrupted by the great depression and world wars but now exacerbated by the gilded tech age.