Sounds like generational wealth to me, to whom the "success sequence" sounds like what I would promote if I were a Capitalist. There are alternatives, or at least a messy, diverse mix of ways of existing.
Generational wealth is where you inherent wealth from parents. What’s being described in the article isn’t a level of security for which you need generational wealth.
> to whom the "success sequence" sounds like what I would promote if I were a Capitalist.
I’m from a literally socialist country and the success sequence would be considered a no brainer where I’m from. The success sequence is even more important in a socialist society. Because such societies commit to the collective caring for the individual, they have greater motives to maximize the number of individuals contributing and minimize the number of individuals being supported. It’s in individualist, capitalist economies where people can tolerate a diversity of lifestyle choices, because nobody cares if anyone else lives or dies.
Generational wealth is where you inherent wealth from parents. What’s being described in the article isn’t a level of security for which you need generational wealth.
> to whom the "success sequence" sounds like what I would promote if I were a Capitalist.
I’m from a literally socialist country and the success sequence would be considered a no brainer where I’m from. The success sequence is even more important in a socialist society. Because such societies commit to the collective caring for the individual, they have greater motives to maximize the number of individuals contributing and minimize the number of individuals being supported. It’s in individualist, capitalist economies where people can tolerate a diversity of lifestyle choices, because nobody cares if anyone else lives or dies.