Will the Wealth Transfer From Boomers to Gen Z Make, Break, or Shape Capitalism? By Ken Costa FII7

The discussion between Jen Prosek and Ken Costa delves into the significant wealth transfer from the baby-boomer generation to the generation Z, amounting to a staggering $100 trillion. Ken Costa emphasizes the potential impact of this transfer on capitalism, highlighting the risks of a generational conflict and the need for cooperation between the generations. He stresses the importance of engaging the generation Z in decision-making processes and defining the mission of businesses. Additionally, the discussion touches on the need for a more active approach to working with different generations within corporations and the potential consequences of not addressing the generational divide. Ken Costa also highlights the importance of spirituality and faith in leadership, emphasizing the need for a shared purpose in the capitalist system.