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This is an entirely different idea. Banning inheritance makes corporations even more powerful, as they can increase their wealth from one generation to another
by agarden 6y ago
This is an entirely different idea. Banning inheritance makes corporations even more powerful, as they can increase their wealth from one generation to another and families cannot.
- dragonwriter 6y ago> Banning inheritance makes corporations even more powerful Corporations are legal fictions through which their owners operated. If ownership of corporations can’t be inherited, it doesn’t make “corporations” more powerful, it just distributes power over corporations (presuming that the absence of inheritance means that assets escheat to the State, and that the State itself is fundamentally democratic.)
- javierluraschi 6y agoHow do you prevent them people from gifting their inheritance while they are alive?