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The desire to help your offspring is a very deep part of the human nature. Any way to prevent that is inherently inhumane. I don't think such system can last long (and coincidentally they never did).


Until the children of the have nots outnumber the children of the haves and kill them and take their stuff by force. That was also human nature in the past.

That's why we have wealth taxes to even the playing field and encourage children of the have-nots to putting their effort in work and contributing in the system instead of on way to murdering the children of the haves for their stuff.

It's sort of protection tax the wealthy have to pay to live in a safe society that benefits them since their wealth comes from the work of the poor.


I actually agree with that, even though it's not certain wherever the "revolt of have nots" could be held off forever or it's inevitable.

However my point is that there's a huge difference between demanding a wealth tax and the "inheriting is the root cause of all corruption" approach. Former is a measure to preserve status quo, latter is a dangerous utopia.


Yep, and the poor majority who don't benefit from it will fight to protect their right to do it.


I don't think that's true either. Indirectly everyone benefits because in a good system the total produced wealth is growing and the poor majority sees the improvement of living standards.

In a bit more details, the wealth can be created, preserved, redistributed and destroyed (i.e. failed to be preserved). Obsession with fair redistribution harms the creation and preservation of wealth, in the end there's nothing left to distribute. We saw that happen IRL.

In my view, creation and preservation of wealth is more important to get right. At least you'll have something to redistribute in the first place. And within that framework, inheritance is a good way to preserve wealth because passing it to the state inevitably destroys part of the value due to bad governance. Inheritance is also a very good incentive to create wealth, I personally wouldn't work 12 hours a day if I didn't have kids to set up in a new country where they have nothing.

So while inheritance is only a part of the whole system, I argue that it's not only humane part but a necessary one. Live country-wide experiments seem to confirm this so far.




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