Eliza Filby, a British historian, discusses the increasing dependency of younger generations on their parents' wealth for achieving financial success, particularly in relation to home ownership. She notes that employees under 45 are finding it easier to acquire properties by maintaining loyalty to their parents rather than their employers. This observation raises important questions about the shifting dynamics in workplace loyalty and economic mobility.

In her book 'Inheritocracy: It’s Time to Talk About the Bank of Mum and Dad', Filby argues that the wealth accumulated by the Baby Boomer generation (those born between 1946 and 1964) has significantly influenced the economic environment in which younger generations must navigate. The term 'Inheritocracy' is intended to provoke thought about how entrenched financial structures favor those with inherited wealth, potentially stifling opportunities for those without similar advantages.

This phenomenon has broader implications for society, as it suggests a widening gap between generations and an uneven playing field in economic prospects. As younger individuals increasingly rely on their family's financial resources, it highlights the ongoing conversation around wealth disparity and the necessity for policy changes that address these systemic challenges.