>I get that, but that somebody is gone. The freedom that we allow each other in life to make what we will of our own labor is gone. I don't see why that would

>I get that, but that somebody is gone. The freedom that we allow each other in life to make what we will of our own labor is gone. I don't see why that would matter. >Do you think that the Kennedys lose 40% of their wealth every time one of them dies? Oh, I agree if we're going to have laws on the books we shouldn't allow rich people in Congress to write their own loopholes. >The biggest threats to a thriving free, capitalistic society are monopolies and corruption. I don't think monopolies are much of a threat, but corruption certainly is. But people with a lot of money are mostly interested in protecting their money from a rapacious government. As opposed to other powerful groups, like labor for example, which are trying to carve out special protections and set asides. >Dynastic wealth is power without the wisdom of having earned it. And that's why wealthy families usually don't stay wealthy for more than three generations or so. How many families that were fabulously wealthy in 1914 are still fabulously wealthy? Of the top ten richest people on the Forbes list seven have made their fortune. >It's easy access to the force of government without really understanding how government impacts the capitalistic foundations of the society. The remedy to that is to have a government that does less, not one that destroys competing concentrations of power.