The sentiment is understandable, if you’re a young person just starting your adult life. Capitalism rewards early adopters, and we’re basically in the end-game globally, with most of the capital already concentrated in the upper echelons of power. It would be easy to see that as a fundamental disadvantage if you’re buried under student debt, with no hope of entering the over-inflated housing market, for example.

The advice of the older generations that have prospered under the current economic regime no longer seems to hold true for most young people, so can you blame them for their doubt?