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> downgrading the potential financial gains from set-for-dynasty to merely set-for-life would seem to be a way of ditching the poseurs I've really started to t
by didibus 6y ago
> downgrading the potential financial gains from set-for-dynasty to merely set-for-life would seem to be a way of ditching the poseurs
I've really started to think that inheritance is one of the biggest problem we have. Each one has the right to their own worth and riches acquired through their own effort, but if you pass those on afterwards then you create a dynasty that defeats the point of meritocracy and equality of opportunity. The incentives then become tribal, to your family, to your friends, and not simply a realization of your earnest passion.
- selestify 6y agoAlso, in my opinion: 1. The elite will still hand down a superior education and social connections to their progeny, so their children will still be privileged, just not ridiculously so like they are today 2. This will incentivize parents to invest more in their children's soft development, rather than just handing down their wealth and calling it a day