In today’s world, the importance of hereditary wealth is on the rise, posing a challenge for the notion of meritocracy. This shift in focus is highlighted in recent global events, such as Donald Trump’s power struggle and Germany’s debt rules. The article discusses how inheritance is becoming as crucial as hard work, emphasizing the increasing prevalence of an “inheritocracy.” Additionally, advancements in CRISPR technologies are seen to hold significant promise for agriculture and healthcare. The content suggests a shifting landscape where personal wealth and inheritance are becoming increasingly influential factors in achieving success.
https://www.economist.com/leaders/2025/02/27/inheriting-is-becoming-nearly-as-important-as-working