The REAL Reason Millennials Are Screwed | Ash Sarkar Meets Dr Eliza Filby

Support our work: http://novara.media/support Dr Eliza Filby is a historian and author of the bestselling book Inheritocracy: It’s Time to Talk About the Bank of Mum and Dad. In conversation with Ash Sarkar, Dr Filby draws on her own life story, growing up in South London with parents who went from communists to Thatcherites in the 1980s. She debunks the common myths we tell ourselves about class and meritocracy, and in doing so, shines a light on the root cause of so much inequality: inherited wealth. Is it really true that the Baby Boomers stole the next generation’s future? Why do housing deposits fall out of the sky for some people when they turn 30? Is it a good thing that the middle classes are now being screwed over, too? And is class ultimately about identity, or access to money? Inheritocracy: It’s Time to Talk About the Bank of Mum and Dad is available from Ebury Publishing. 00:00 Introduction 01:49 The Plight of the Millennials 08:50 Education Education Education? 10:29 Generational Differences 19:46 Inheritocracy: Dr Filby’s Story 27:45 The Thatcherite Revolution 37:37 The Bank of Mum and Dad 41:38 The Myth of Meritocracy 45:21 Does Inheritance Make Us Conservative? 54:38 On Council Housing 58:08 The Secrets of Successful Millennials 1:06:33 A Collective Sense that ‘None of It’s Working’ 1:09:06 Class Confusion