How can Millennials, Gen Zs and Gen As thrive in a world where so much success depends on having access to the Bank of Mum and Dad?

Historian Dr Eliza Filby – an expert in generational identity – tells Amol that society needs to shift in three major ways to mitigate the “rupture” between young and old: in values, education and wealth.

Amol speaks with her about her book ‘Inheritocracy’ which calls for a radical redefining of meritocracy. They also discuss the shifts in parenthood and the evolving household roles of men and women, and ‘kidulthood’ - where young people move into adulthood in their early thirties instead of their late teens or early twenties.

(00:02:30) What is ‘Inheritocracy?’

(00:04:13) The values rupture – Baby Boomers are the exceptional generation

(00:10:07) The education rupture - the declining graduate premium

(00:16:00) The wealth rupture – unattainable ‘big ticket’ items

(00:28:00) Why is the social contract broken between generations?

(00:38:27) Shifts in assortative mating

(00:45:30) Is meritocracy a good idea in principle?

(00:54:17) How to reconfigure the tax system for a new generation

(00:57:07) Dr Eliza Filby's radical idea

(01:01:11) Amol’s reflections

(01:04:25) Listener messages

GET IN TOUCH

Radical with Amol Rajan is a Today Podcast. It was made by Lewis Vickers with Anna Budd. Digital production was by Gabriel Purcell-Davis. Technical production was by Gareth Jones. The editor is Sam Bonham. The executive producer is Owenna Griffiths.