4 ms·
My issue with the 99 year lease, is it’s harder to pass down wealth to your kids, as there would be no home to give.. Maybe as a society, less generational wea
by itake 2y ago
My issue with the 99 year lease, is it’s harder to pass down wealth to your kids, as there would be no home to give..
Maybe as a society, less generational wealth is a good thing.
- mullingitover 2y agoI think inherited wealth is downright cancerous to society. Ideally, we want to promote the most talented people into the positions where they have the most power and can wield it wisely. With inherited wealth, we instead give huge advantages to, not the talented, but the lucky, and we end up with incompetent leadership who are able to simply buy power with an inconsequential fraction of their wealth. When power is bought and not earned, you end up with people who do idiotic things with power. Eventually the society rots from within and is toppled by more efficient groups.