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Criticising inherited wealth is justified, it is a major driver of inequality and bad for capitalism. I'm not talking about the families that invest in business
by CharlesDodgson 8y ago
Criticising inherited wealth is justified, it is a major driver of inequality and bad for capitalism.
I'm not talking about the families that invest in businesses and build functioning businesses. The degree of hereditary land banking and hoarding of land assets is a real drain on society and an inefficient use of capital.
There is no great social benefit to society in this practice and it's morally unjustifiable to allow a certain class of land owners to enrich themselves.
I don't care if your great uncle was a duke, a business magnate or a large farmer, it's 2018 and you are not entitled to live solely on the rent of others!