The politics of intergenerational wealth inequality | Letters

The politics of intergenerational wealth inequality | Letters

Dr Rajiv Prabhakar assesses the best age at which grants should be provided to young people, while Jeremy Galtress argues against redistribution

Polly Toynbee discusses capital grants for the young to counter wealth inequality (Young people need money because our system is rigged. Here’s a way to give it to them, 9 June). The age at which grants are accessed is critical for both policy and politics.

Thomas Paine’s pamphlet Agrarian Justice, published in the 1790s, proposed providing £15 to all 21-year-olds. The Social Market Foundation’s report is the latest addition to this literature, and promises policy impacts.

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