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Have the old stolen young people’s futures? Our contributors debate

Is intergenerational inequality (partly) to blame for young people's misfortunes—or have the elderly become a scapegoat? David Willetts and Jennie Bristow go head-to-head

Is financial inequality a generational problem—or something else? Photo: Prospect

Yes: David Willetts

There is overwhelming evidence that young people are having a tough time. The wheels of capitalism keep turning so that they enjoy new products and services, but both their incomes and wealth are lagging way behind. The real terms pay of someone aged 30 is no higher than it was for 30 year olds a decade ago. Their real disposable incomes have fallen, not least…

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