Shouldn't this be an incentive for parents everywhere to always be networking and upholding their social standing so they can pass those benefits down to their children?

> A rich individual can give their child $0 in inheritance but one introduction, referral or diner party later and they could be set for life.

It's a mighty big leap to go from a single intro to "set for life."

Don't misinterpret what the parent is saying. It's not "one introduction will", it's "one introduction could". If you are wealthy and connected enough there are many folks who will gladly ensure your children are taken care of, if for no other reason than to be connected to the parent/family.

An introduction might lead to a job, apprenticeship, or internship. It might lead to a partnership somewhere or the opportunity to invest in some way you would not normally have access to. Or it could open the door to further introductions and connections. Network effects are powerful things, and being introduced to the right node in the social graph can make all the difference.

Add to it that that one investment requires the capital to invest. I have no connections outside of my career bubble and those people are seemingly in the same class as I am. How would I ever supersede my class?...or should I even aspire to do so? It seems unlikely and in many ways out of my control. This is coming from someone who believes in a strong work ethic and increasing access to risk (good or bad).

It means that one introduction becomes the difference between a talented, motivated, hard working person who is successful vs who is not.