this post was submitted on 10 Dec 2023
66 points (100.0% liked)

Futurology

1812 readers
216 users here now

founded 1 year ago
MODERATORS
voidx
Lugh
Espiritdescali
AwesomeLowlander
66
In what global investment bank UBS calls 'the great transfer' - billionaires are making more money from inheritance than entrepreneurship. (www.ubs.com)
submitted 11 months ago by Lugh to c/futurology
8 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] CanadaPlus 1 points 11 months ago* (last edited 11 months ago)

Fun, the formation of a new aristocracy. I wonder how long it will be before they start inventing shibboleths to keep the peasants that manage to claw their way up out.