Part 4/11:
Generational wealth refers to financial assets — be they stocks, real estate, or simply family connections — passed from one generation to the next. Unlike mere monetary inheritance, generational wealth includes intangible benefits like social status, networks, and cultural capital that affect one’s life trajectory. It’s not just about the money; it’s about the systemic advantages that accompany having parents with resources and connections.
This unfair distribution of wealth leads to a form of societal gaslighting. Those who grow up without these advantages often internalize feelings of inadequacy or fault for their situations. They work hard and achieve, only to realize they are not on a level playing field.