30: Ross Douthat - The Rave Before the Fall
The Portal
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Decadence, Demographics, and Dynamics of Wealth Transfer
The chapter discusses decadence in institutions hindering future innovation, challenges faced by younger generations, generational wealth transfer dynamics, declining fertility rates, and individuals' decisions not to have children. It delves into rejecting established institutions for change, the influence of wealth transmission on public welfare, the need for a balance between left and right on tax policies, and the importance of eliminating political corruption and having a transformative leader in politics.
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