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What would you consider wealth that is inherited, then? The wealthy people who did not, in fact, get their wealth by providing value to others?
by rockskon 3y ago
What would you consider wealth that is inherited, then? The wealthy people who did not, in fact, get their wealth by providing value to others?
- gottorf 3y agoThe existence of lottery winners do not mean that all wealth in the world was generated via lottery, or some kind of heavenly manna that a select few were lucky enough to collect. None of the top 10 richest Americans got to that place via inheritance. Of the next 10, there are heirs of the Walton, Koch, and Mars families, none of whose source of wealth goes back more than two generations. Contrast that to the egalitarian, redistributive European system which allowed the richest families in Florence 700 years ago to still remain the richest families today.