>This is demonstrably false, at least in American politics. The inter-generational transmission of wealth and power had a half life of, at my last reading, about 1.5 generations.
If you mean the public faces of politics (or the "who is who" in CEOs and such), sure. But you don't mean that ultra rich upper class families lose their power in 1.5 generations?
If you mean the public faces of politics (or the "who is who" in CEOs and such), sure. But you don't mean that ultra rich upper class families lose their power in 1.5 generations?
http://theconversation.com/family-ties-why-political-dynasti...
https://us.sagepub.com/sites/default/files/upm-binaries/4137...
https://www.businessinsider.com/americas-most-influential-po...
Or internationally:
https://qz.com/694340/the-richest-families-in-florence-in-14...