The current circumstances are from seibelj's comment "you become rich by providing value to other people", where "value" is specifically something which provide

The current circumstances are from seibelj's comment "you become rich by providing value to other people", where "value" is specifically something which provides economic wealth. Gaining wealth by being the child of a wealthy person is not something specific to capitalism, certainly happened in feudal monarchies, and almost certainly also happened with the children of high level apparatchiks in the Soviet Union.