In P.G. Wodehouse's "Eggs, Beans And Crumpets," the author presents a character who believes strongly in the idea of sharing wealth rather than fostering individualistic capitalist values in children. He asserts that giving a young child a bank passbook is detrimental and instills notions of economic elitism at an early age. This could perpetuate capitalistic ideologies, which he feels are increasingly out of step with modern societal values.
The character reflects on the implications of giving a child money, suggesting that even a small amount, like ten quid, can lead to the development of harmful economic beliefs. He worries that such financial gifts may inadvertently mold a child into an "Economic Royalist," someone who supports and perpetuates class distinctions and wealth accumulation. Through this viewpoint, Wodehouse critiques the traditional notions of wealth and success, emphasizing a need for a more equitable approach to wealth distribution that aligns with contemporary ideals.