Why Nepotism is Terrible for the Economy

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Nepotism is more than unfair, it’s a hidden drag on the economy.
From Wall Street to Washington, Ivy League schools to family-run empires, nepotism quietly reshapes who gets ahead and who gets left behind. In this video, we explore how favoritism, legacy admissions, and inherited privilege are blocking economic mobility, weakening companies, and distorting labor markets.

We uncover the real costs of nepotism:

Why elite schools admit legacy students at 5x the rate

How family-run firms underperform when passed to the next generation

Why inherited wealth is creating a dynastic economy

The impact on innovation, job growth, and productivity

How intergenerational inequality is cemented through education, hiring, and massive wealth transfers

This is not just a political issue. It is a structural economic problem that affects wages, opportunity, and long-term national growth.

00:00 - Intro
01:23 - How it Started
03:12 - How the Rich Stay Rich
06:49 - Compound Inheritance
11:38 - Conclusion

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