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> nor forcing them to claim sole right to income and assets that should belong to the nation In theory, it'd then be shared as belonging to the nation. In prac
by wastedhours 6y ago
> nor forcing them to claim sole right to income and assets that should belong to the nation
In theory, it'd then be shared as belonging to the nation. In practice, you'd get the political class lining their pockets in the short term, and leaving us worse off in the long term.
Between letting successive populist governments have free reign over what happens to certain wealth, institutions and freeholdings and spunking it on policies during their 4 or 8 years in charge, and letting a somewhat stable (if sometimes self-serving) hereditary monarchy retain stewardship over the course of centuries - I'm inclined toward the latter.