Life chances have been concentrated among a parparticular co. Wealth has grown so much over the past few decades relative to income. It's wealth that really determines how you feel about your finances and your capabilities. But it's almost all gone to older generations. We've got this big increase if wealth, which has largey a lot to do with house crises. I think the real story now and for the next decade or so is going to be more about the intergenerational transfer of inequality.

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