Inheritocracy

It's Time to Talk About the Bank of Mum and Dad

Inheritocracy: It's Time to Talk About the Bank of Mum and Dad, is a provocative and eye-opening analysis of how parental support is the real economic story of the 21st century.

Many of us grew up believing in a meritocracy, where hardwork brings rewards. Go to university, get a job, put in the hours and thingswill be OK. That's what we were told - but the reality is that life chances andopportunities are no longer shaped by what we learn or earn but by whether wehave access to the Bank of Mum and Dad. We're living in an inheritocracy, whereparental support is what matters most - whether that's covering the cost ofuniversity, stumping up for a house deposit or helping with childcare. Andlet's be honest, this isn't something we like to talk about with our friends,families or as a society. It's a modern taboo.

In these pages, generational expert Eliza Filby exploresthe emergence of this inheritocracy through her own life story, revealing howher family's financial circumstances shaped everything from her education toher dating life, from her career to her class identity. Inheritocracy isa thought-provoking and candid blend of memoir and cultural commentary, toldthrough Eliza's humorous and insightful voice.

With trillions of pounds set to be passed down thegenerations over the next two decades, a significant divide is emerging betweenthose who can rely on family wealth and those who can't. Inheritocracyoffers a fresh, captivating and honest look at our recent past and a futurethat will be shaped - for better or worse - by family fortunes.