100 Trillion Dollar Wealth Transfer – Costa Ken (2023)

A valuable exploration of the topic and a thought-provoking read.' Financial Times An insider's look into how Generation Z's focus on ethics, climate change, and purpose will change capitalism forever. In the next ten years, there will be an unprecedented wealth transfer from the so-called 'baby boomer' generation to the young. Never before will so much money - in housing, land, stocks, and cash - be shifted so suddenly from one generation to the next, and never before does the next generation feel so differently about the future of the planet and of capitalism. Ken Costa works with this new generation and shows how environmental concerns and anxiety about equality and diversity are more than mere slogans; instead, they are driving the future of the markets. So many issues stem from the reality of the financial gap between age groups - from cancel culture and fears about wokeness to generation rent, protest movements, and re-evaluations of history around subjects such as empire. Costa also shows how we can build a more inclusive, purposeful capitalism, which shifts focus away from the individual and more towards collaboration, compassion, and community. For readers of Rebecca Henderson's…